Property profile

000 For Owner! Denver, CO 80230

OFF-MARKET
Retail properties & Spaces
3,200 SF Built 2007
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Property summary

AI-generated overview

This thriving Denver Italian restaurant, established in 2007, presents a remarkable investment opportunity. Boasting 3,200 square feet of space, the restaurant comfortably seats 95 indoors and 24 outdoors, situated in a high-traffic area. The current owner has built a loyal clientele over 17 years, generating impressive net sales of $1.7 million in 2023, with adjusted earnings exceeding $317,000. The restaurant operates with limited hours, offering the new owner the benefit of weekly time off, while also presenting the potential for increased profitability by extending operating hours. The fully equipped kitchen includes a six-burner stove, eight-burner stove, flat-top grill, walk-in cooler, reach-in freezer, and extensive smallwares and equipment. The sale includes all equipment, fixtures, and furnishings. The lease, at $14,000 per month (including CAMs and taxes), extends to September 2029, with options for renewal. The asking price is $850,000. This is an asset sale

Property profile

Verified
Property type Retail properties & Spaces
Year built 2007
Total area 3,200 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

000 For Owner! Denver, CO 80230
Denver metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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