Turn-Key Restaurant for
For Sale
Contact for pricing
101 N Main St, Wiggins, CO 80654
Turn-key restaurant business includes an extensive list of kitchen equipment, available for immediate purchase.
Property Size1,644 SF
Price / SF$276.76
Days on Market273
Property Features for 101 N Main St
General Information
Standard status
Active
Size
1,644 SF
Property subtype
RETAIL
Additional Details
Commercial Hood
Yes
Listing Agency:
RE/MAX Commercial Alliance
(970) 481-0808
Listed By:
Gary Hogan · License #FA100068550
(970) 330-5000
Source:
Moodyscre
Added: Jan 27
Changed: Oct 25
Last Checked: Oct 26 at 7:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Commercial Alliance
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Investment Insights
Based on property information with market context.
Turn-key restaurant offering in Wiggins, Colorado, available for immediate purchase. The sale includes a Permacool cooler, True cooler, Keyinetor chest freezer, Manitowoc ice machine, Royal fryer, US Range 6-burner stove, steamer, US Range grill, Sharp microwave, salad bar, American Range charcoal grill, and a stainless steel kitchen hood with fire suppression.
The property is located at 101 N Main St, Wiggins, CO 80654.
This is a ready-to-operate restaurant package designed to support foodservice operations with the included kitchen and refrigeration equipment.
The property is located at 101 N Main St, Wiggins, CO 80654.
This is a ready-to-operate restaurant package designed to support foodservice operations with the included kitchen and refrigeration equipment.
Key Highlights
- Turn‑key restaurant business for immediate purchase in Wiggins, Colorado
- Included equipment list: Permacool cooler and True cooler
- Includes chest freezer and ice machine (Keyinetor chest freezer, Manitowocice machine)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,514
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,280
$510.3K
Cap Rate 7%
$364,486
$364.5K
Cap Rate 9%
$283,489
$283.5K
Market Conditions
NOI Build-Up for 1,644 SF
Gross rent
$35.5K $21.60/SF
− Vacancy
−$1.5K −$0.91/SF
EGI
$34.0K $20.69/SF
− OpEx
−$8.5K −$5.17/SF
NOI
$25.5K $15.52/SF
Area
Morgan County, CO
Vacancy
4.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,280
Cap Rate 7%
$364,486
Cap Rate 9%
$283,489
Alternative Uses
Best Use
Specialty Retail
$364.5K
$318.9K – $425.2K
NOI $25,514 @ 7.0% cap · market cap 5.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$481.4K
$421.2K – $561.6K
NOI $33,695 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80654, CO
3,230
Population
1,165
Households
2.8
Avg Household Size
35
Median Age
20%
College-Educated
89%
High-School Grad
234.9 sq mi
ZIP Area
14
Density / Sq Mi
$99,830
Median Household Income
$51,518
Median Earnings
$1,096
Median Rent
$396,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turn-key restaurant business includes an extensive list of kitchen equipment, available for immediate purchase.
Where is this conventional restaurant located?
The property is located at 101 N Main St Wiggins, CO.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: Turn‑key restaurant business for immediate purchase in Wiggins, Colorado; Included equipment list: Permacool cooler and True cooler; Includes chest freezer and ice machine (Keyinetor chest freezer, Manitowocice machine)
