37.98581 -103.546524
214 W 3rd Street La Junta CO 81050 283448877 37.98581 -103.546524 60105 /listing/283448877-151082055/214-w-3rd-street-la-junta-co-81050 False 0 325000.0 480 101 100 9509196 False 2016 0.10 0.10

214 W 3rd Street

La Junta, CO 81050 MLS# 9509196

Active 10/28/20

283448877 False False 37.98581 -103.546524 60105 /listing/283448877-151082055/214-w-3rd-street-la-junta-co-81050 False 0 325000.0 480 101 9509196 False 47139315 0
$325,000
MLS# 9509196
Active 10/28/20
  1. Listed on 10/28/20
  • 480 Square Feet Sq.Ft
  • 0.10 Acres
  • 2016 Year Built Yr. Built
214 W 3rd Street La Junta, CO 81050 MLS# 9509196
Active 10/28/20
283448877 37.98581 -103.546524 60105 /listing/283448877-151082055/214-w-3rd-street-la-junta-co-81050 False 0 325000.0 480 101 9509196 False
$325,000
  • 480 Square Feet
  • 0.10 Acres
  • 2016 Year Built
  1. Listed on 10/28/20
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Description

This is a turn-key business opportunity new construction in 2016, commercially equipped for restaurant and ADA compliant. This well-established restaurant is highly successful in 3 short years of business. Currently offering take-out, drive-through and curbside services. Low overhead has added to its profitability, and the COVID-19 pandemic has had no effect on business, other than increased sales. Conveniently located in the business district on 3rd St. with significant traffic and one block from downtown. Sellers to provide family recipes and management training. Included with this business opportunity, is a revenue-generating duplex one unit is utilized for business inventory (pantry), the other unit is leased residential and always occupied. Lease to carry to the new owner. Motivated seller, the reason for selling is due to health concerns. Call for your appointment to see this listing today!

Courtesy Of THE HANCOCK GROUP INC.
Listing Information
  • Property Type: Commercial Sale
  • Property Subtype: Retail
  • Structure Type: Free Standing
  • PSF Total: 677.08
  • Price Per Acre: 3250000.00
  • Year Built: 2016
  • Year Built Effective: 2016
  • Construction Materials: Stucco
  • Possession: Negotiable
  • Current Use: Food Service, Residential
  • Directions: From Highway 50 go south on Belleview Ave. to W 3rd St, Turn Left on W 3rd St. Property will be located on the right side.
  • Building Features: Food Service
Interior Features
  • Number of Units: 3
  • Number Of Units Vacant: 1
  • Occupant Type: Owner
  • Security Features: Carbon Monoxide Detector(s), Fire Alarm, Security System
  • Unit Count: 0
Parking/Garage
  • Off-Street
  • Parking Type: Off-Street
  • Parking Total: 0
  • Total Offstreet Spaces: 0
Community/Neighborhood Information
  • Walk Score: 64
HOA
  • 2nd HOA Fee (Annual Total): 0.00
  • 3rd HOA Fee (Annual Total): 0.00
  • Master HOA Fee (Annual Total): 0.00
  • Total Annual HOA Fees: 0.00
Financial Considerations
  • Cap Rate: 12.00
  • Legal Description: E 70` OF LOTS 23 & 24 BLK 34 LJ Block 34 City of La Junta as shown
  • Tax Amount: 96.00
  • Tax ID: 4643-034-38002
  • Tax Year: 2019
  • Water Included YN: Y
Exterior & Lot Features
  • Access: Public Road
  • Roof: Composition
  • Road Surface: Alley Paved, Paved
  • Road Responsibility: Public Maintained Road
  • Zoning: c-1
Utilities & Green Home Features
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Internet Access (Wired), Phone Connected, Sewer Connected
  • Water Source: Public
  • Electric Service: 110V, 220 Volts
Schools Near 214 W 3rd Street La Junta, CO
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116 W. 3RD

LA JUNTA, CO 81050
(720) 459-2437 (719) 384-2541

116 W. 3RD

LA JUNTA, CO 81050
(719) 469-7661 (719) 384-2541
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