14770 US Highway 285 - Restaurant FOR SALE


Salida, CO 81201
$699,900 USD
719-207-3855
14770 US Highway 285, Salida, CO for Sale
$699,900 USD
Restaurant - FOR SALE
1/50
null | Request Cap Rate

14770 US Highway 285
Salida, CO 81201


OVERVIEW

Enormous potential for this large commercial building on Highway 285 in Chaffee County. Located along the Arkansas River corridor, about 10 minutes from downtown Salida and 15 minutes from downtown Buena Vista. Chaffee County is well known for outdoor recreation, and Highway 285 is a major pipeline for people moving through the county and the state. If you can figure out a way to capture even a small fraction of the year-round traffic, you will do very well. At nearly 4,500 square feet, the space could host a multitude of different types of businesses. Or with some work and creativity, it could be converted into your dream home. The building was historically the King’s Truck Stop and Bar (see photo). It has since been the home to multiple restaurants, the live/work headquarters for a local transportation company, an event space/VR escape room and employee housing for a construction company. The seller has a business plan drawn up for a backpacker’s hostel with 16 capsule beds. All of that demonstrates the versatility of the space. Bring your vision, and be a part of the exciting growth of this community. Currently, the main level features an open floorplan, a fully functional bar and a commercial kitchen. The kitchen is ready to cook with a vent hood, a walk-in cooler, a high-capacity dishwasher and other commercial appliances. All furniture and trade fixtures are included. Downstairs you will find a lounge area, a wet bar, 3 bathrooms, a carpeted office and a storage/utility room. Out back there is a fenced-in 2-level patio surrounded by mature trees and a water feature. In front there are 16 dedicated parking spots and room for extra parking or other outbuildings. Seller financing is available to a qualified buyer. Don’t miss your opportunity. Call Today!

FOR SALE DETAILS

PRICE

$699,900 USD

PRICE/SF

$156 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

comm

APN/PARCEL ID

R353333100047

ASK ABOUT THIS PROPERTY

Michael ByerWestern Mountain Real EstateMore Info
719-207-3855

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

Michael ByerWestern Mountain Real EstateMore Info
719-207-3855

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