517 Byers Avenue, Hot Sulphur Springs, CO, 80451
  • $1,195,000

Overview

Property ID: HZ5229871
  • SpecialPurpose, CommercialSale
  • Property Type
  • 12197 Sq Ft
  • Area Size
  • 1984
  • Year Built

Description

Tremendous investment or owner user opportunity for a mixed use commercial property. Property includes restaurant & bar as well as 3 residential units. Formerly the County Seat Grill & Pub, later The Depot Restaurant & Barking Dog Pub in Hot Sulphur Springs represents the only turnkey restaurant opportunity in a town with no restaurants. Sale includes all restaurant, kitchen and bar FF&E (tables, chairs, utensils, foosball, pool table, shuffleboard, glassware, etc.) The entire property includes 7,000 sq/ft commercial rental space for bar & restaurant as well as 3 rental apartments which generate $39,600 gross rent annually.

Residential rental units make up an additional ~3,369 sq/ft. Proforma NOI: $93,000 annually with $6,000/mo NNN restaurant/bar tenant and residential tenants. The property would be a tremendous owner/user opportunity with onsite workforce housing

  • Address: 517 Byers Avenue
  • City: Hot Sulphur Springs
  • State/county: Grand
  • Zip/Postal Code: 80451

Details

Updated on July 28, 2022 at 3:27 am
  • Property ID HZ5229871
  • Price $1,195,000
  • Property Size 12197 Sq Ft
  • Year Built 1984
  • Property Type SpecialPurpose, CommercialSale
  • Property Status Active

Additional details

  • PropertySubType SpecialPurpose
  • Tax Year 2022
  • Road SurfaceType Paved
  • Construction Materials Block, Frame
  • Roof Other
  • Lot Features CornerLot
  • LotSize SquareFeet 12197
  • LotSizeArea 0.28
  • LotSizeUnits Acres

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