Fine-Dining Restaurant
For Sale
$1,075,000
130 S Ridge Street, Breckenridge, CO 80424
Business acquisition includes a long-term lease arrangement for the associated real estate.
Property Size4,174 SF
Days on Market694
Property Features for 130 S Ridge Street
General Information
Standard status
Active
Size
4,174 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Building Details
Building Size
4,174 SF
Year Built
1978
Units
1
Listing Agency:
Liv Sotheby's I. R.
(970) 513-7700
Listed By:
Larry M. Hutton · License #FA100074352
Source:
Coloradopartners
Added: Sep 19, 2024
Changed: Aug 13
Last Checked: Aug 13 at 3:35AM
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 Liv Sotheby's I. R.
Investment Insights
Based on property information with market context.
This offering involves the purchase of an operating fine-dining restaurant business at 130 S Ridge Street in Breckenridge, Colorado. The transaction includes a long-term lease commitment for the associated real estate rather than a direct sale of the property.
The building dates to 1978, providing an established physical setting for the restaurant operation. The offering is structured for continued business use under a long-term real estate lease.
The building dates to 1978, providing an established physical setting for the restaurant operation. The offering is structured for continued business use under a long-term real estate lease.
Key Highlights
- Operating fine‑dining restaurant business offered for purchase
- Long‑term lease commitment for the associated real estate
- Located at 130 S Ridge Street, Breckenridge, CO 80424
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
$80,804
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
7.52%
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%
$1,616,080
$1.6M
Cap Rate 7%
$1,154,343
$1.2M
Cap Rate 9%
$897,822
$897.8K
Market Conditions
NOI Build-Up for 4,174 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
$112.7K $27.00/SF
− Vacancy
−$5.0K −$1.19/SF
EGI
$107.7K $25.81/SF
− OpEx
−$26.9K −$6.45/SF
NOI
$80.8K $19.36/SF
Area
Summit County, CO
Vacancy
4.40%
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%
$1,616,080
Cap Rate 7%
$1,154,343
Cap Rate 9%
$897,822
Alternative Uses
Best Use
Specialty Retail
$1.15M
$1.01M – $1.35M
NOI $80,804 @ 7.0% cap · market cap 7.52%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$83.08M
$72.69M – $96.92M
NOI $5,815,489 @ 7.0% cap · market cap 540.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,784
Businesses Nearby
116k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 37%
Dining 35%
Apparel 18%
Hotels & Casinos 9%
Starbucks
Dining
27,100 visits/mo
0.1 miles
Sinclair
Shops & Services
21,658 visits/mo
0.4 miles
Ollie's Bargain Outlet
Shops & Services
19,577 visits/mo
0.2 miles
Christy Sports
Apparel
10,406 visits/mo
0.3 miles
Daylight Donuts
Dining
7,358 visits/mo
0.3 miles
Demographics for 80424, CO
10,474
Population
11,886
Households
0.9
Avg Household Size
38
Median Age
55%
College-Educated
94%
High-School Grad
125.9 sq mi
ZIP Area
83
Density / Sq Mi
$109,497
Median Household Income
$49,958
Median Earnings
$2,029
Median Rent
$970,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Business acquisition includes a long-term lease arrangement for the associated real estate.
Where is this conventional restaurant located?
The property is located at 130 S Ridge Street Breckenridge, CO.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Operating fine‑dining restaurant business offered for purchase; Long‑term lease commitment for the associated real estate; Located at 130 S Ridge Street, Breckenridge, CO 80424
