503 W 7th St - Restaurant FOR SALE


Walsenburg, CO 81089
$399,000 USD
719-738-0360
503 W 7th St, Walsenburg, CO for Sale
$399,000 USD
Restaurant - FOR SALE
1/8
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. 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. Owner carry or lease option may be considered.

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$85 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.