Restaurant and Nightclub Opportunity

1201 S Pearl St, Denver, CO

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For Sale

Contact for pricing

Unique property suitable for upscale dining or hospitality ventures.

Type:RETAIL

Property size:

5,212 SF

Lot size:

0.08 Acres

Price / SF:

$287/SF

HighLights

Prime location suitable for hospitality uses.
Well‑maintained restaurant space with built‑in stage.
Opportunity to transform into an upscale dining establishment.
Second‑floor apartment for office or private quarters.
FF&E are negotiable, offering a turnkey opportunity.
Versatile layout adaptable to various hospitality concepts.

We can help!

Listing Contact

Eric L. Nesbitt, Esq., CCIM

For Sale

Contact for pricing

Unique property suitable for upscale dining or hospitality ventures.

Type:RETAIL

Property size:

5,212 SF

Lot size:

0.08 Acres

Price / SF:

$287/SF

Added:: Sep 1, 2024
Days on Market:: 653
Last Refresh:: May 20 at 9:28 pm

Property Features for 1201 S Pearl St

General Information

Standard status: Active
Size: 5,212 SF
Lot size: 0.08 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Eric L. Nesbitt, Esq., CCIM

Listing agent Eric L. Nesbitt, Esq., CCIM

Listing office The Nesbitt Commercial Group

Listing date Sep 1, 2024

Source Moodyscre

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 Nesbitt Commercial Group

HighLights

Prime location suitable for hospitality uses.
Well‑maintained restaurant space with built‑in stage.
Opportunity to transform into an upscale dining establishment.
Second‑floor apartment for office or private quarters.
FF&E are negotiable, offering a turnkey opportunity.
Versatile layout adaptable to various hospitality concepts.

Overview

This property, currently operating as a restaurant and blues nightclub, presents an opportunity for transformation into an upscale dining establishment or similar venture. The main level features a restaurant space with a built-in stage, creating an atmosphere suitable for entertainment. The second floor includes a small apartment that can serve as an office or private quarters. The property has a size of 5212 square feet. FF&E are negotiable. The business is not for sale. This property is suited for a refined dining experience or other hospitality uses.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$107.0k	$20.52
− Vacancy	−$5.0k	−$0.96
EGI	$101.9k	$19.56
− OpEx	−$25.5k	−$4.89
NOI	$76.4k	$14.67

5,212 SF · lease $20.52/SF/yr · vacancy 4.70% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$1.09M

$955.5K – $1.27M (±1% cap)

NOI $76,443 @ 7.0% cap · market cap 5.10%

Second Best

Retail

$1.02M

$891.8K – $1.19M (±1% cap)

NOI $71,347 @ 7.0% cap · market cap 4.76%

Theoretical Best

Office A

$1.66M

$1.45M – $1.94M (±1% cap)

NOI $116,142 @ 7.0% cap · market cap 7.75%

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

Property Profile Location Intelligence

Current Use by Public Records

Lincoln's Roadhouse Restaurant

Suggested Use

Similar Places Nearby

GB Fish & Chips Catering — 1174 S Cherokee St, Denver, CO 80223
IACOFANO'S CATERING & EVENTS — 675 S Broadway, Denver, CO 80209
Mi Patio Latin Cuisine — 1527 S Pearl St, Denver, CO 80210
Denver Mixers and Morsels — 675 S Broadway Suite 300, Denver, CO 80209
Vegan Epicurist — Merchants Park Shopping Center, 675 S Broadway, Denver, CO 80209

Location Insight

Map
Local Demand

City: Denver
County: Arapahoe
State: Colorado
Longitude: -104.981
Latitude: 39.694

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For sale
Restaurants
CO
Denver
1201 S Pearl St

What type of property is this?

Restaurant - Unique property suitable for upscale dining or hospitality ventures.

Where is this restaurant located?

The property is located at 1201 S Pearl St Denver, CO.

What is the asking price?

The asking price for this property is $1,499,000.

What are key features of this property?

This property features: Prime location suitable for hospitality uses.; Well‑maintained restaurant space with built‑in stage.; Opportunity to transform into an upscale dining establishment.

1201 S Pearl St, Denver, CO

Unique property suitable for upscale dining or hospitality ventures.

Property Features for 1201 S Pearl St

General Information

We can help!

HighLights

Overview

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Versatile Commercial Building on Colfax

Retail Investment Opportunity in Denver

Renovated Triplex in West Wash

Updated Duplex in Hale Neighborhood

Denver Restaurant Opportunity on Broadway

Duplex with Two 2BR Units

Freestanding Retail Building with Upper Space

Versatile Warehouse/Storage Unit in Denver

Automotive Dealership on Colfax Avenue

Two-Building Opportunity in Denver

Industrial Property in West Broadway

Globeville Industrial Building For Sale

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