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Historic Berthoud Restaurant and Banquet Hall

335 Mountain Avenue Berthoud, CO 80513

335 Mountain Avenue, Berthoud, CO, 80513
$1,375,000
For Sale
Claim this Listing
$1,375,000

Charming historic property with restaurant, bar, and banquet hall.

Property Size5,210 SF
Price / SF$263.92
AddedSep 25, 2025
Days on Market294
Last RefreshJul 15 at 1:19 am

Property Features for 335 Mountain Avenue

General Information

Standard status
Active
Size
5,210 SF
Property subtype
Shopping Center / Retail

Building Details

Year Built
1900

Listing office RE/MAX Elevate

Listing date Sep 25, 2025

Source Remaxcommercial

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 Elevate


Investment Insights

Based on property information with market context.

This historic property, situated in the heart of Berthoud on Mountain Avenue between Third Street and N. 4th Street in downtown Berthoud, has been home to Bradford's Grub & Grog for the past five years. The main level features a wide-open space with laminate hardwood floors, a full kitchen, and a bar. The kitchen is equipped with an updated hood system, a newer cooler and freezer, and a new grease trap. There are also two restrooms and a sliding barn door that provides access to the second floor. A rear courtyard offers space for outdoor dining. The second floor, formerly the Oddfellows Hall, has been renovated into a banquet hall, meeting, or party space. Renovations include refinishing the original wood flooring, all new plumbing including two ADA compliant restrooms, new electrical, and new HVAC. The second floor retains its old-world charm with exposed brick and original hardwood floors. The property has a total size of 5210 square feet.

Key Highlights

  • Prime downtown Berthoud location on Mountain Avenue.
  • Recently renovated second‑floor banquet hall/meeting space with new plumbing, electrical, and HVAC.
  • Main level featuring a full kitchen with updated hood system, newer cooler and freezer, and new grease trap.

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 $77.1k $14.79
− Vacancy −$2.2k −$0.43
EGI $74.8k $14.36
− OpEx −$18.7k −$3.59
NOI $56.1k $10.77
5,210 SF · lease $14.79/SF/yr · vacancy 2.90% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$801.7K
$701.5K – $935.3K (±1% cap)
NOI $56,116 @ 7.0% cap · market cap 4.08%
Second Best
Retail
$651.2K
$569.8K – $759.8K (±1% cap)
NOI $45,585 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M (±1% cap)
NOI $97,891 @ 7.0% cap · market cap 7.12%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Restaurants

Suggested Use

Law Firm Electrical Service HVAC Service Parking Lot & Garage Spa & Massage Center Cafe & Coffee Shop Grocery & Convenience Store Nail Salon (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Origins Catering Company — 619 E County Rd 8, Berthoud, CO 80513

FAQs

What type of property is this?
Restaurant - Charming historic property with restaurant, bar, and banquet hall.
Where is this restaurant located?
The property is located at 335 Mountain Avenue Berthoud, CO.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Prime downtown Berthoud location on Mountain Avenue.; **Recently renovated second‑floor banquet hall/meeting space** with new plumbing, electrical, and HVAC.; Main level featuring a full kitchen with updated hood system, newer cooler and freezer, and new grease trap.
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