503 W 7th St - Restaurant FOR SALE


Walsenburg, CO 81089
$385,000 USD
719-738-0360
503 W 7th St, Walsenburg, CO for Sale
$385,000 USD
Restaurant - FOR SALE
1/38
null | Request Cap Rate

503 W 7th St
Walsenburg, CO 81089


OVERVIEW

Welcome to Fat Fenders Roadhouse; where fine dining, a lounge, and good friends come together. A turnkey business ready for you to put your own spin on it. Possible seller financing available or lease option available. The large dining room is separate from the lounge and connects to a bonus room currently used for pool tournaments, dancing or large parties. The west side of this property has been used as an outdoor beer garden and has a separate street entrance. The two offices/break rooms which can be a small studio apartment contribute to the size of this incredible building. Additional highlights include a full kitchen with large stove, fire suppression hood, new refrigerator, coolers, steam table, updated electrical, new water lines, new furnace, air conditioning, backflow system, new flooring, fresh paint, and 4 renovated bathrooms with fresh fixtures. Parking is not a problem, as the building sits on over 1/4 acre with plenty of parking. Property includes a secured garage and historical icehouse storage building. The property is 145 years old and has been many businesses throughout time; including a Ute & Navajo trading post. This property borders 7th St., AKA Highway 160. Over 3 million vehicles travel this road yearly.

FOR SALE DETAILS

PRICE

$385,000 USD

PRICE/SF

$82 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1888

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,632 SF

ZONING

C

APN/PARCEL ID

19461

ASK ABOUT THIS PROPERTY

Lori CordovaBachman & AssociatesMore Info
719-738-0360

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Lori CordovaBachman & AssociatesMore Info
719-738-0360

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