3245 I-70Bl Clifton, CO 81520
- Retail properties
- 7,269 SF
- 0.90 lot acres
Current Use by Public Records
- Retail properties
Property Details for 3245 I-70Bl
- Year built
- 2001
- Lot size
- 0.90 lot acres
- Property size
- 7,269 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional mixed-use property, located at 3245 I-70 Business Loop in Clifton, Colorado, presents a prime commercial opportunity. The 7,269 square foot building, constructed in 2001, sits on a desirable 0.9-acre lot at the corner of Patterson and I-70B, boasting high visibility and ample parking. Currently operating as a 100% occupied restaurant, the property features a full commercial kitchen, full bar, and a 1000-gallon grease trap, along with all necessary furniture, fixtures, and equipment (FF&E). Recent upgrades include a new roof (2021), new hot water tanks (2021), and a new make-up air unit (2021), demonstrating a commitment to consistent maintenance. The property offers a strong return on investment, with a Net Operating Income (NOI) of $200,000 and a 10.08% cap rate. The asking price is $1,985,000. This property is zoned for commercial use and presents a compelling opportunity for a value investor, a new restaurant owner/operator, or a developer seeking to potentially subdivide the space into multiple retail or food units. The property's location in a high-traffic area of Clifton, adjacent to complementary businesses, ensures strong potential for continued success.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Clifton
- County
- Mesa
- State
- Colorado
- Longitude
- -108.452
- Latitude
- 39.0913
