7617 W 88th Ave - Restaurant FOR SALE


Westminster, CO 80005
$2,975,000 USD
303-601-5743
7617 W 88th Ave, Westminster, CO for Sale
$2,975,000 USD
Restaurant - FOR SALE
1/13
null | Request Cap Rate

7617 W 88th Ave
Westminster, CO 80005


HIGHLIGHTS

  • Amazing hard-corner visibility on the SWC of 90th and Wadsworth at a fully signalized intersection.
  • Easy access to Highway 36 as well as Wadsworth, 92nd Ave, and 88th Ave.
  • Major developments in the area including the 105 acre Westminster Mall redevelopment into Downtown Westminster.

OVERVIEW

PRICE REDUCTION! $3,350,000 to $2,975,000 The subject property is a 9,314 SF fully renovated turn-key restaurant building located at the busy intersection of 90th & Wadsworth Boulevard. The building was completely gutted and renovated in 2015 with more than $1,000,000 invested in new electrical, plumbing, HVAC, finishes and restaurant infrastructure including dining rooms, bar, kitchen, coolers, all FF&E and restrooms. The current owner has initiated plans and construction for a 3,000 SF rooftop patio including, architectural drawings, installed utilities to the roof and completed foundation and building support for the patio. The building was completely gutted and renovated in 2015 with more than $1,000,000 invested in new electrical, plumbing, HVAC, roof, finishes and restaurant infrastructure including dining rooms, bar, kitchen, coolers, all FF&E and restrooms. The interior of the space is tastefully decorated with art, custom lighting, upgraded flooring & paint scheme and features a Control4 audio, visual, climate control, and security system. This fully renovated restaurant is truly a turnkey opportunity for restaurant user-owners.

FOR SALE DETAILS

PRICE

$2,975,000 USD

PRICE/SF

$320 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Coronas Mexican Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

-

APN/PARCEL ID

29-233-11-230

ASK ABOUT THIS PROPERTY

Gannon RothUnique Properties, Inc.More Info
303-601-5743

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Gannon RothUnique Properties, Inc.More Info
303-601-5743

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