720 Lincoln Ave - Restaurant FOR SALE


Steamboat Springs, CO 80487
$3,950,000 USD
970-819-6930
720 Lincoln Ave, Steamboat Springs, CO for Sale
$3,950,000 USD
Restaurant - FOR SALE
1/23
null | Request Cap Rate

720 Lincoln Ave
Steamboat Springs, CO 80487


HIGHLIGHTS

  • Central location in downtown Steamboat Springs.

OVERVIEW

Looking for a Prime location in Downtown Steamboat? Here is your chance to own on the best block and the sunny side of the street between 7th and 8th. Think of this one as both a good income property with a lease until 2030 (with a 5 year renewal option) for the existing restaurant plus the chance to develop the open side now which is provided for in the lease. If you are looking for income and want to be part of the transformation that is happening in Steamboat it is worth looking at this property for a long term investment / 1031 opportunity.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$1,217 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

-

APN/PARCEL ID

R7716685

ASK ABOUT THIS PROPERTY

Jon WadeThe Steamboat GroupMore Info
970-819-6930

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Jon WadeThe Steamboat GroupMore Info
970-819-6930

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