517 Byers Avenue, Hot Sulphur Springs, CO, 80451

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

Overview

Property ID: 5229871
  • CommercialSale, SpecialPurpose
  • Property Type
  • 12197
  • Sq Ft
  • 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 31, 2022 at 4:47 am
  • Property ID: 5229871
  • Price: $1,195,000
  • Property Size: 12197 Sq Ft
  • Year Built: 1984
  • Property Type: CommercialSale, SpecialPurpose
  • 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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