412 Park Ave - Restaurant FOR SALE


Rifle, CO 81650
$995,000 USD
303-278-7501
412 Park Ave, Rifle, CO for Sale
$995,000 USD
Restaurant - FOR SALE
1/15
null | Request Cap Rate

412 Park Ave
Rifle, CO 81650


HIGHLIGHTS

  • Busy Coveted Location, Outstanding Reputation and Brand Recognition: Over 10 years of operation and numerous citations for customer satisfaction.
  • Loyal Clientele Support: Conveniently located in downtown Rifle, with high daily traffic count off I-70 and loyal regional following.
  • Freestanding Real Estate: Bar, dining room, seating for 145, functional kitchen and extensive parking.
  • Growth Opportunities: Add breakfast/lunch service, open 7 days/week and/or increase special events & catering.

OVERVIEW

Turn-key Rocky Mountain region restaurant location opportunity with business and real estate included in the purchase price. Located just off a major highway with a traffic count of over 18,000 daily and frequented by both Grand Valley residents and tourists. This restaurant historic log building is well-known in Western Colorado for a high-quality dining experience with top shelf ingredients at a reasonable price. The freestanding building creates a unique dining experience for up to 145 people, including a full-service bar with 4 keg taps. Room layout provides flexible party accommodations with multiple areas for large and small parties. Point of sale system, functional kitchen layout with ample food and prep area, 5x8 ft walk-in cooler with new compressor, Alto Shaam prime rib cooker, employee breakroom and caretaker unit upstairs. Inventory verified at closing would be in addition to the purchase price.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$244 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

-

APN/PARCEL ID

R410001

ASK ABOUT THIS PROPERTY

Charles SpickertTouchstone Business AdvisorsMore Info
303-278-7501

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Charles SpickertTouchstone Business AdvisorsMore Info
303-278-7501

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