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678 Grand Ave

2,792 SF Vacant Retail Building Eagle, CO 81631 $1,300,000 ($466/SF) 2.38% Cap Rate

Executive Summary

OPPORTUNITY!!! Commercial Mixed-Use Zoning Opportunity. Prime location located on a high traffic route connecting Eagle Airport and Vail Valley. Turnkey business opportunity currently equipped with popular features of a drive-thru window, ice ream window, indoor/outdoor dining spaces that include live music events. This address is part of Eagle's future vision situated within the Grand Avenue Corridor Plan. Grand Ave Grill in Eagle, CO is loved by locals and tourists. This is a turn key opportunity if you desire a restaurant or it can be an opportunity for redevelopment. Zoned commercial on lower level with 2 levels above for residential.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,792 SF
Year Built
1948
Price
$1,300,000
Price Per SF
$466
Cap Rate
2.38%
NOI
$31,000
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.25
Lot Size
0.26 AC
Zoning
Mixed Use - Commercial Residential. Commercial on lower level and up to 2 levels of residential above. Buyer to verify with Eagle County

About 678 Grand Ave , Eagle, CO 81631

Opportunity awaits with this established restaurant in Eagle, CO that is loved by locals and tourists. This is a turn key opportunity if you desire a restaurant or an opportunity for redevelopment. The property has been rezoned as Commercial Mixed Use allowing for commercial + residential possibilities. Located on a high traffic route connecting Eagle to Vail providing a steady stream of customers. Currently the Grill highlights a very popular ice cream window and a drive up wind for quick and easy takeout. Dine indoors or outdoors while enjoying live music several nights during the week or relax at the bar and enjoy the game on TV. Be a part of the Grand Avenue Corridor Plan that plans to transform the Town of Eagle for the future. Buyer to verify all redevelopment options with the Town of Eagle.

Bike Score ®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Wells Fargo Home Mortgage
Starbucks
City Market
BOK Financial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R019300
Land Assessment
$64,030
Improvements Assessment
$109,460
Total Assessment
$173,490
  • Listing ID: 33110788

  • Date on Market: 9/9/2024

  • Last Updated:

  • Address: 678 Grand Ave, Eagle, CO 81631

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