720 E 50 Hwy
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720 E 50 Hwy
7,410 SF Vacant Retail Building Salida, CO 81201 $1,300,000 ($175/SF)
Investment Highlights
- Highway Location
- Clean and Updated Kitchen
- Great Parking
Executive Summary
Bar & Grill Restaurant space for sale in Chaffee County! This is a 7,400 SqFt building that has gone through a property glow up and is ready for new ownership! A classic, Western Mountain scheme was used to bring the front seating area back to life. It is a perfect venue for events with the new stage and equipment brought in for live entertainment. The kitchen was meticulously cleaned and updated with new pieces of equipment to support a high paced crowd without having to stick to a specific menu, it would serve a range of diverse entrees and appetizers without need for another build out. The bar has been restocked and is ready for locals or tourists alike to partake in their favorite beverages. All done with a clean, trendy look but keeping with the mountain lifestyle vibe. If you are dreaming of opening your own food establishment in a tourist mountain town, this could be your spot! The location is supreme, right on the highway through the main drag of town. Parking is easy and there is plenty of it. Salida is known for it's year long seasonal attractions to pull visitors from all over the world. Surrounded by Fourteeners to climb, a river to fish or raft, a nearby Ski Resort, not to mention a prominent Historic and Art District, Salida is full of opportunity to connect with a multitude of customers. Please give us a call if you are interested in hearing more about this exciting opportunity!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,410 SF
Building Class
C
Year Built/Renovated
1967/2009
Price
$1,300,000
Price Per SF
$175
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.20
Lot Size
0.86 AC
Zoning
Commercial - C-1 Commercial
Parking
31 Spaces (4.18 Spaces per 1,000 SF Leased)
Frontage
175 FT on US Highway 50
Amenities
- Corner Lot
- Freeway Visibility
- Restaurant
- Signage
- Storage Space
- Monument Signage
Bike Score ®
Very Bikeable (77)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | R380705423119 | Improvements Assessment | $158,130 |
| Land Assessment | $121,010 | Total Assessment | $279,140 |
PROPERTY TAXES
Parcel Number
R380705423119
Land Assessment
$121,010
Improvements Assessment
$158,130
Total Assessment
$279,140
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720 E 50 Hwy
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