3680 Citadel Dr N - Restaurant FOR SALE


Colorado Springs, CO 80909- The Citadel
$2,200,000 USD
719-722-6555
3680 Citadel Dr N, Colorado Springs, CO for Sale
$2,200,000 USD
Restaurant - FOR SALE
1/33
null | Request Cap Rate

3680 Citadel Dr N
Colorado Springs, CO 80909
The Citadel


OVERVIEW

Exquisite Restaurant Opportunity in Colorado Springs Prime Location with Unique Features Fully renovated 7,500 sqft on a 1.38-acre lot, this exquisite restaurant is in the heart of Colorado Springs. Situated in a prime location close to a shopping mall and various businesses, it is just one block off Academy Blvd, near constitution. This restaurant offers an exceptional opportunity for those looking to invest in a thriving business in a high-traffic area, complete with unique features that cater to both dining and entertainment needs. Upon entering the restaurant, guests are greeted by a welcoming reception desk accompanied by soft instrumental music playing through the speakers installed throughout the venue. The fully equipped coffee and snack bar offers a cozy and warm ambiance throughout the year, making it an ideal spot for book clubs or individuals to enjoy their coffee while studying or engaging in deep conversations. Ideal Venue for a Bar and Grill The restaurant is perfectly suited for a bar and grill. During the summer, the outside artificial turf is an inviting space to spend time with friends and family, including children. The outdoor area features three fire burners and comfortable patio furniture, ideal for soaking up the beautiful Colorado summer weather. Entertainment and Party Space Next to the bar, you can host floor parties with six disco lights and four JBL speakers. This setup is perfect for group parties or casual gatherings to enjoy your favorite music and dance the night away with a DJ from the DJ desk located across the bar. There are three big screen TVs for your big game days to hang out and have some beer with friends to cheer for your team. Adjacent to the bar you will find a room with skylight to place your pool tables or any indoor game sets. The kitchen is fully equipped with the following equipment. - One double oven by Blodgett - Three fryer two of them are new (year old) - One two gas burner stoves - One 6 gas burner stoves New (year old) - Two single over-sized gas burners, new (year old) ideal for extra-large pots - Three hop plates for burgers and other cooking purposes. - Three refrigerators with shelves above - Two commercial refrigerators - A large walking cooler - Large size cooler - One freezer. - Two large microwaves. - Commercial dishwashing machine with three degreasing stations - Two additional three and two dish washing sinks (station) - Multiple preparation tables - Employee bathroom in the kitchen - Security cameras station plus office - Beer and sofa pump station routed to the bar.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$292 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

PBC CU

APN/PARCEL ID

64104-02-016

ASK ABOUT THIS PROPERTY

BELAY TAFESSEShalom Property Solutions LLCMore Info
719-722-6555

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BELAY TAFESSEShalom Property Solutions LLCMore Info
719-722-6555

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.