Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Historic Berthoud Restaurant and Banquet Hall Title is generated by Realmo AI

    335 Mountain Avenue, Berthoud, CO 80513

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,375,000

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

    Type:Shopping Center / Retail
    Property size:
    5,210 SF
    Price / SF:
    $263/SF
    Added:
    Sep 25, 2025
    Days on Market:
    241
    Last Refresh:
    Apr 5 at 8:19 pm

    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

    We can help!

    Listing Contact
    Keith Kanemoto
    Keith Kanemoto

    Listing agent Keith Kanemoto License #FA40009659

    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

    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.
    • Charming historic property with original hardwood floors and exposed brick.
    • Beautiful rear courtyard for outdoor dining.
    • Two ADA compliant restrooms on the second floor.

    Overview

    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.
    Property Profile Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

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

    Location Insight

    • Map
    • Local Demand
    City
    Berthoud
    County
    Larimer
    State
    Colorado
    Longitude
    -105.079
    Latitude
    40.3049

    Nearby Similar for Sale

    • $2,541,000
      10,500 SF

      Industrial Space with Outdoor Yard

      Versatile industrial space with yard in high-growth corridor.
      405 Mountain View B, Berthoud, CO 80513
      View Details
    • $700,000

      Berthoud Automotive Property For Sale

      Fenced property with overhead doors, ideal for automotive users.
      307 Welch, Berthoud, CO 80513
      View Details
    • $700,000

      Berthoud Automotive Property For Sale

      Fenced property suited for automotive users in Berthoud, Colorado.
      307 Welch, Berthoud, CO 80513
      View Details
    • $1,100,000

      Downtown Berthoud Mixed-Use Investment

      Remodeled mixed-use building with commercial and residential opportunities.
      429 3rd St, Berthoud, CO 80513
      View Details
    • $1,100,000
      3,000 SF

      Downtown Berthoud Mixed-Use Investment

      Remodeled mixed-use building in downtown Berthoud with commercial and residential opportunities.
      429 Third St, Berthoud, CO 80513
      View Details
    • $9,500,000
      61,346 SF

      Turnkey Industrial Facility with Rail Access

      61,346 SF industrial facility with rail access on 5.02 acres.
      801 N 2 Street, Berthoud, CO 80513
      View Details
    • $5,500,000
      23,831 SF

      Office/Warehouse Space in Berthoud, CO

      23,831 SF office/warehouse on 1.74 acres near I-25.
      265 Basher Dr, Berthoud, CO 80513
      View Details
    • $2,250,000
      3,464 SF

      Horse Ranch with Mountain Views

      29-acre horse ranch featuring indoor and outdoor arenas.
      871 N County Road 23e, Berthoud, CO 80513
      View Details
    • $1,375,000
      5,210 SF

      Retail

      335 Mountain Ave, Berthoud, CO 80513
      View Details
    • $1,100,000
      7,742 SF

      Berthoud Warehouse and Greenhouse Facility

      18,994 SF Berthoud property with warehouse and greenhouse.
      806 N 2nd St, Berthoud, CO 80513
      View Details

    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.
    (303) 472-2222
    We can help!
    Listing Contact
    Keith Kanemoto
    Keith Kanemoto
    Real Estate License ID: FA40009659
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    335 Mountain Avenue, Berthoud, CO 80513,
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!