Restaurant Building with Outdoor
206 E Aspen Ave Fruita, CO 81521
206 E Aspen Ave, Fruita, CO, 81521
$810,000
For Sale
$810,000
Turnkey restaurant layout with indoor/outdoor seating and a full-sized commercial kitchen.
Property Size2,400 SF
Price / SF$337.50
Days on Market51
Property Features for 206 E Aspen Ave
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1925
Listing agency
HomeSmart
(303) 478-0373
Listed by
Brian Chrinka
(303) 478-0373
Source
Elliman
Added: Jun 1 Updated: Jul 10 at 1:50PM Checked: Jul 21 at 5:54AM
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 HomeSmart
Investment Insights
Based on property information with market context.
This restaurant building is offered as a ready-to-operate space featuring indoor and outdoor seating. The interior includes a full-sized commercial kitchen, a walk-in refrigerator/freezer, a coffee bar, a chef’s kitchen area, a reception area, and two restrooms. Additional on-site storage is provided by a separate storage shed.
The property is located on Aspen Ave. in Fruita, positioned in the center of the action with strong visibility and high foot traffic. The premises are described as having easy accessibility, supporting customer-friendly operations.
Designed for an owner-user, the configuration supports day-to-day restaurant service with dedicated food production areas and guest-facing spaces. With both indoor and outdoor seating and the inclusion of core refrigeration and kitchen components, this site can accommodate a range of restaurant concepts that require a complete back-of-house setup and straightforward guest flow.
The property is located on Aspen Ave. in Fruita, positioned in the center of the action with strong visibility and high foot traffic. The premises are described as having easy accessibility, supporting customer-friendly operations.
Designed for an owner-user, the configuration supports day-to-day restaurant service with dedicated food production areas and guest-facing spaces. With both indoor and outdoor seating and the inclusion of core refrigeration and kitchen components, this site can accommodate a range of restaurant concepts that require a complete back-of-house setup and straightforward guest flow.
Key Highlights
- 2400 SF restaurant space with indoor/outdoor seating
- Full‑sized commercial kitchen plus walk‑in refrigerator/freezer
- Coffee bar, chef’s kitchen, reception area, and two restrooms
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 | $51.0k | $21.24 |
| − Vacancy | −$4.0k | −$1.65 |
| EGI | $47.0k | $19.59 |
| − OpEx | −$11.8k | −$4.90 |
| NOI | $35.3k | $14.70 |
2,400 SF · lease $21.24/SF/yr · vacancy 7.75% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$503.8K
$440.9K – $587.8K
NOI $35,269 @ 7.0% cap · market cap 4.35%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$4.55M
$3.99M – $5.31M
NOI $318,816 @ 7.0% cap · market cap 39.36%
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 - Turnkey restaurant layout with indoor/outdoor seating and a full-sized commercial kitchen.
Where is this conventional restaurant located?
The property is located at 206 E Aspen Ave Fruita, CO.
What is the asking price?
The asking price for this property is $810,000.
What are key features of this property?
This property features: 2400 SF restaurant space with indoor/outdoor seating; Full‑sized commercial kitchen plus walk‑in refrigerator/freezer; Coffee bar, chef’s kitchen, reception area, and two restrooms
