Skip To Content

517 Byers Avenue

Hot Sulphur Springs, CO 80451
  • $1,195,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 22-451
UPDATED: 3 min ago
$1,195,000
  • 4
    BEDS
  • 0.28
    ACRES
  • 5
    BATHS
  • 3
    1/2 BATHS
  • 7,006
    SQFT
  • $171
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1984
County:

School Ratings & Info

Description

Tremendous investment or owner user opportunity for a mixed use commercial property which includes restaurant & bar as well as 3 residential units.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 3,637 sq/ft commercial rental space for bar & restaurant as well as 3 rental apartments (3,369 sq/ft) which generate $39,600 gross rent annually.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 Property Features Overall - Monument pole signage - Parking - Main street visibility - No competition Kitchen Equipment - 36 sq/ft Walk In Refrigerator - 1x 2-door Freezer & 3x 1-door Freezer - Dishwasher - Prep Table - Grill - 36" stove - Fryer - 36" flat top - Salamander Dining Room - 34 Seats (current setup) - 2 restrooms - Dedicated entrance - Outdoor seating available - Wait Station - Great windows create bright environment - Turnkey will dinnerware, silverware & glassware Bar - Bar seating for 7 - Table seating for 32 - Beer cooler with 8 taps - Private office with loads of storage - Access kitchen shared with restaurant - Unisex bathroom - Foosball - Shuffleboard - Pool table - TVs - Turnkey with glassware - Entry door rooftop signage Extra Storage & Prep Space - Downstair storage area - Large secondary kitchen area - Large prep area - Backup storage

Monthly Payment Calculator

© 2022 Grand County Board of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Real Estate Company. Data last updated: 2022-05-22T22:07:38.373.
www.trecwp.com/homes/128237480
Print Image

517 Byers Avenue Hot Sulphur Springs, CO 80451

  • Price: $1,195,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 3 min ago
  • MLS #: 22-451
4
Beds
5
Baths
3
½ Baths
0.28
Acres
7,006
SQFT
$171
$/SQFT
1984
Built
Neighborhood:
Hot Sulphur Springs
County:
Grand
Area:
Hot Sulphur Springs Area
Property Description
Tremendous investment or owner user opportunity for a mixed use commercial property which includes restaurant & bar as well as 3 residential units.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 3,637 sq/ft commercial rental space for bar & restaurant as well as 3 rental apartments (3,369 sq/ft) which generate $39,600 gross rent annually.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 Property Features Overall - Monument pole signage - Parking - Main street visibility - No competition Kitchen Equipment - 36 sq/ft Walk In Refrigerator - 1x 2-door Freezer & 3x 1-door Freezer - Dishwasher - Prep Table - Grill - 36" stove - Fryer - 36" flat top - Salamander Dining Room - 34 Seats (current setup) - 2 restrooms - Dedicated entrance - Outdoor seating available - Wait Station - Great windows create bright environment - Turnkey will dinnerware, silverware & glassware Bar - Bar seating for 7 - Table seating for 32 - Beer cooler with 8 taps - Private office with loads of storage - Access kitchen shared with restaurant - Unisex bathroom - Foosball - Shuffleboard - Pool table - TVs - Turnkey with glassware - Entry door rooftop signage Extra Storage & Prep Space - Downstair storage area - Large secondary kitchen area - Large prep area - Backup storage
Exterior Features

Access Road Maintain CityState Garage Type None

Interior Features

Heat Electric Lower Sq Ft 3503.00 Main Sq Ft 3503.00 Total Sq Ft 7006.00 Type Heat Baseboard

Property Features

Cable TV Avail But No Connect Electric Connected Natural Gas Connected Percent Ownership Full Sales Transfer Tax No Sewer Source Community N/A Sewer Source Public Tap Paid Sewer Source Septic N/A Style Not Applicable Tax Year 2022 Taxes 8708.76 Telephone Avail But No Connect Water Source Community N/A Water Source Public Tap Paid Water Source Well N/A


Listing courtesy of Sanderson Commercial Real Estate.
© 2022 Grand County Board of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Real Estate Company. Data last updated: 2022-05-22T22:07:38.373.
 
https://bt-photos.global.ssl.fastly.net/grand/1280_boomver_1_22-451-2.jpg https://bt-photos.global.ssl.fastly.net/grand/1280_boomver_1_22-451-2.jpg https://bt-photos.global.ssl.fastly.net/grand/1280_boomver_1_22-451-2.jpg
Logo
The Real Estate Company
78321 U.S. Hwy 40, Suite 107
Winter Park CO, 80482