3500 Delgany St Denver, CO 80216
This turnkey restaurant in Denver's vibrant RiNo Art District is offered at $200,000. The 4,294 square foot space boasts a full liquor license, 10 assigned parking spaces ($180/space), and ample free parking. The current lease, at a well-below-market rate of $15.00 per square foot ($5,367.50 monthly), has nine years remaining with two five-year options. All furniture, fixtures, and equipment are included, along with a new Toast POS system and a well-maintained kitchen and HVAC. The restaurant features a large patio (seating 28) accessible via accordion doors, solid blade signage, and a 20-tap draft system. Inside seating accommodates 106, including bar seating and a small mezzanine. Its prime location near Mission Ballroom, Coors Field, and the Denver Coliseum presents significant event-related business opportunities. The property's end-cap location offers great visibility, and its proximity to a new urban park, pedestrian/bike paths, and the Catalyst HTI building adds to its appeal. A personal guarantee will be required for lease transfer. This is a rare opportunity to acquire a thriving restaurant in a high-demand area.
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Rino Grill & Pizza Restaurant
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Kuma's Corner Denver Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
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