160 E Main St - Restaurant FOR SALE


Lyons, CO 80540
$1,495,000 USD
303-551-4162
160 E Main St, Lyons, CO for Sale
$1,495,000 USD
Restaurant - FOR SALE
1/40
null | 7.69% Cap Rate

NEW


160 E Main St
Lyons, CO 80540


OVERVIEW

**Property Overview:** 160 E Main Street offers an exceptional commercial investment in Lyons, Colorado, featuring a total of 7,964 sq ft of versatile space. This property not only provides a substantial footprint on the main floor (5,592 sq ft restaurant + 1,246 sq ft storefront) and additional office space on the second floor (1,126 sqft). The property is currently owner occupied, but the restaurant space was previously rented for $3,900/mo, $2,500 NNN and the store front rents for $1,500/mo, $1,800 NNN. **Key Features:** -Based on previous leases in the building, the building yields a pro-forma cap rate of 7.69% -Total Space: 7,964 sq ft across two levels, with 5,592 sq ft of main floor space and 1,126 sq ft of office space upstairs. -Location: Situated on E Main Street in Lyons, a location known for its high visibility and traffic — ideal for businesses. -Facilities: The property is well-equipped with modern utilities, high-speed internet, and features adaptable for a wide range of business needs. -Parking: Ample customer and employee parking available. **Investment Highlights:** -Strategic Location: Lyons is a vibrant community with a strong local economy, making it a prime spot for commercial investment. -Versatility: The additional office space offers flexibility for future leasing strategies or for use by the owner’s own business endeavors. **Location Benefits:** -Prime position in a bustling community known for its outdoor activities, cultural events, and as a gateway to the Rocky Mountains. -High foot traffic and visibility for businesses, supported by a strong local and tourist customer base. -Proximity to other commercial entities enhances potential customer reach and business synergy. **Potential Uses:** -Professional offices -Creative studios -Specialty services The main floor restaurant space has nearly unlimited potential uses as the space is vast, clear. The kitchen supplies WILL remain with the building. So, a future restaurant lease would be a seamless process!

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$188 USD /SF

CAP RATE

7.69%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Red Hill Mining Co Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1939

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

C, Lyons

APN/PARCEL ID

1203184-19-010

ASK ABOUT THIS PROPERTY

James McCannBrian McCann Real EstateMore Info
303-551-4162

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James McCannBrian McCann Real EstateMore Info
303-551-4162

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