Turn-Key Restaurant
60 El Jebel Road Carbondale, CO 81623
60 El Jebel Road, Carbondale, CO, 81623
$525,000
For Sale
$525,000
COMMERCIAL - Carbondale, CO
Property Size1,346 SF
Price / SF$390.04
Days on Market149
Property Features for 60 El Jebel Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- commercial
- Standard status
- Active
- APN
- 239134411003
- Size
- 1,346 SF
Taxes and HOA fees
- Tax Description
- Subdivision: CRAWFORD PROPERTIES, LLC TYPE A MINOR SUB PARCEL A, PART OF
Building Details
- Year built
- 1972
- Floors in Building
- 1
- Building materials
- Frame
Listing agency
Setterfield & Bright
(970) 920-1833
Listed by
Angi Wang, CNE
(970) 274-6117
Added: Feb 23 Updated: May 14 at 3:31PM Checked: Jul 22 at 4:06PM
MLS# 191962
Copyright © 2026 Aspen Glenwood MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a turn-key restaurant opportunity located in El Jebel. The space, approximately 1346 square feet, was fully remodeled at the end of 2022. It is offered fully built and ready for immediate operation, with favorable lease terms in place. There are approximately 2 years remaining on the lease with a 5 year option to extend. The property is zoned commercial.
Key Highlights
- Turn‑key restaurant opportunity, ready for immediate operation.
- Fully remodeled in end 2022.
- Favorable lease terms in place.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.0k | $20.04 |
| − Vacancy | −$1.1k | −$0.84 |
| EGI | $25.8k | $19.20 |
| − OpEx | −$6.5k | −$4.80 |
| NOI | $19.4k | $14.40 |
1,346 SF · lease $20.04/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$276.9K
$242.3K – $323.0K
NOI $19,381 @ 7.0% cap · market cap 3.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$352.5K
$308.4K – $411.3K
NOI $24,675 @ 7.0% cap · market cap 4.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Restaurant space for lease acquisition, fully built and ready.
Where is this conventional restaurant located?
The property is located at 60 El Jebel Road Carbondale, CO.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Turn‑key restaurant opportunity, ready for immediate operation.; Fully remodeled in end 2022.; Favorable lease terms in place.
