Liquor Store Business and Real
For Sale
Contact for pricing
Pending
106 E Jefferson Ave, Hayden, CO 81639
Turn-key liquor store with real estate in growing community.
Property Size5,484 SF
Lot Size0.32 Acres
Days on Market187
Property Features for 106 E Jefferson Ave
General Information
Standard status
Pending
Size
5,484 SF
Lot size
0.32 Acres
Property subtype
Business for Sale, Mixed Use, Retail
Zoning
Commercial
Occupancy
100%
Lease Type
Modified Gross
Investment Type
Owner/User
Building Details
Year Built
1965
Buildings
1
Stories
1
Units
3
Listing Agency:
The Group Real Estate
(970) 846-8601
Listed By:
Amy Williams · License #CO 100007272
Source:
Crexi
Added: Feb 5
Changed: Aug 8
Last Checked: Aug 11 at 7:05PM
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 The Group Real Estate
Investment Insights
Based on property information with market context.
This offering presents the opportunity to acquire the business and real estate of A-1 Liquor, located in Hayden, Colorado. The property benefits from its location on US Highway 40 and Walnut Street. A-1 Liquor has established a loyal customer base and consistent revenue stream. The operation is community oriented and family owned and operated. Revenue is primarily generated through liquor sales, supplemented by tobacco, vape, and ice sales. The real estate provides a secondary revenue stream via two leased warehouse bays. Included in the sale are all inventory, personal property, and fixtures associated with A-1 Liquor, along with the 5,484 square foot retail building situated on a 0.32-acre site. Opportunities for growth include the potential to expand on-site liquor inventory storage, host tasting events, move into lottery sales, expand tobacco and vaping products, and increase warehouse bay rents. A-1 Liquor is the only liquor store within 17 to 25 miles. Approximately 240 rental units are currently coming online, and additional housing and commercial developments are in the pipeline. A-1 Liquor was voted No. 4 Best of the Boat (Steamboat) Liquor Store for 2025. This acquisition is suited for an industry buyer seeking an additional location or an individual retailer looking to fully leverage the strong customer base and growing Hayden community.
Key Highlights
- Established, profitable liquor store business with real estate included, offering immediate revenue streams from retail sales and warehouse rentals.
- Prime location on US Highway 40 and Walnut Street with easy access, serving a growing community.
- Turn‑key operation with all inventory, personal property, and fixtures included in the sale.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$104,388
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,087,760
$2.1M
Cap Rate 7%
$1,491,257
$1.5M
Cap Rate 9%
$1,159,867
$1.2M
Market Conditions
NOI Build-Up for 5,484 SF
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.
Gross rent
$148.1K $27.00/SF
− Vacancy
−$8.9K −$1.62/SF
EGI
$139.2K $25.38/SF
− OpEx
−$34.8K −$6.35/SF
NOI
$104.4K $19.04/SF
Area
Routt County, CO
Vacancy
6.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,087,760
Cap Rate 7%
$1,491,257
Cap Rate 9%
$1,159,867
Alternative Uses
Best Use
Warehouse
$2.19M
$1.92M – $2.56M
NOI $153,535 @ 7.0% cap · market cap 10.24%
Second Best
Specialty Retail
$1.49M
$1.30M – $1.74M
NOI $104,388 @ 7.0% cap · market cap 6.96%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
183
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81639, CO
2,498
Population
1,256
Households
2
Avg Household Size
38
Median Age
29%
College-Educated
96%
High-School Grad
464.4 sq mi
ZIP Area
5
Density / Sq Mi
$106,429
Median Household Income
$53,421
Median Earnings
$1,680
Median Rent
$415,500
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Turn-key liquor store with real estate in growing community.
Where is this grocery and convenience store located?
The property is located at 106 E Jefferson Ave Hayden, CO.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Established, profitable liquor store business with real estate included, offering immediate revenue streams from retail sales and warehouse rentals.; Prime location on US Highway 40 and Walnut Street with easy access, serving a growing community.; Turn‑key operation with all inventory, personal property, and fixtures included in the sale.
