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Freestanding Restaurant Building
For Sale
$1,250,000

52 4th Street, Granby, CO 80446

Freestanding restaurant property with a permitted kitchen, updated interior systems, and an upstairs apartment for flexible occupancy.

Property Size3,788 SF
Lot Size0.36 Acres
Price / SF$329.99
Days on Market89

Property Features for 52 4th Street

General Information

Standard status Active
Size 3,788 SF
Lot size 0.36 Acres
Property subtype Commercial

Additional Details

Business Included Yes
Commercial Hood Yes
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $5,739

Building Details

Year Built 1968
Stories 2
Listing Agency: PMG Realty LLC
Listed By: Eugeny Pomirchy · License #IR100081295
Source: Amberlemon
Added: Jun 12 Changed: Aug 23 Last Checked: Sep 8 at 8:22AM

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 PMG Realty LLC

Investment Insights

Based on property information with market context.

This freestanding downtown Granby commercial building is offered as a turn-key restaurant real estate opportunity, with existing restaurant infrastructure already in place. The property includes a permitted and well maintained commercial kitchen and a nearly new hood system, along with numerous interior updates throughout. Ample storage supports daily operations, and the building also features an upstairs 2 bedroom, 1 bath apartment with flexible use potential for owner occupancy or supplemental income.

The building sits on a 0.36-acre lot and is currently operating as the Pearl Dragon restaurant, which highlights the property’s restaurant-ready setup. It is presented primarily as an asset for an owner-user, investor, or hospitality operator seeking a live-work or income-supporting configuration.

For tenants, operators, or buyers looking for an established restaurant layout, the permitted kitchen and updated operational equipment reduce the need for immediate buildout changes. For investors, the combination of restaurant space and a residential unit can support multi-use operation depending on how the apartment is utilized. Restaurant business, FFE, and goodwill are available separately by negotiation.

Key Highlights

  • Freestanding downtown Granby commercial building (approx. 3,700–3,900 SF) on a 0.36‑acre lot
  • Restaurant currently operating as Pearl Dragon; existing restaurant infrastructure in place
  • Permitted, well‑maintained commercial kitchen with a nearly new hood system

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Turnkey business
Opportunity
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby
Well-served
Demand for This Use

Demographics for 80446, CO

3,998
Population
3,333
Households
1.2
Avg Household Size
43
Median Age
42%
College-Educated
98%
High-School Grad
368.2 sq mi
ZIP Area
11
Density / Sq Mi
$87,762
Median Household Income
$49,345
Median Earnings
$1,393
Median Rent
$506,400
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Freestanding restaurant property with a permitted kitchen, updated interior systems, and an upstairs apartment for flexible occupancy.
Where is this conventional restaurant located?
The property is located at 52 4th Street Granby, CO.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Freestanding downtown Granby commercial building (approx. 3,700–3,900 SF) on a 0.36‑acre lot; Restaurant currently operating as Pearl Dragon; existing restaurant infrastructure in place; Permitted, well‑maintained commercial kitchen with a nearly new hood system
More about this property
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