3245 I-70 Business Loop Clifton, CO 81520
- Retail properties
- 7,269 SF
- 0.90 lot acres
Current Use by Public Records
- Retail properties
Property Details for 3245 I-70 Business Loop
- Year built
- 2001
- Lot size
- 0.90 lot acres
- Property size
- 7,269 SF
- Property type
- Retail properties
- Property subtype
- Bars
Description
This exceptional 7,269 square foot restaurant and bar, situated on a 0.9-acre lot at 3245 I-70 Business Loop in Clifton, Colorado (81520), presents a compelling investment opportunity. Built in 2001 and zoned for special purposes, the property boasts a substantial net operating income (NOI) of $220,000, with an asking price of $1,985,000. The property features a fully equipped commercial kitchen, a full bar, and a 1000-gallon grease trap. All furniture, fixtures, and equipment (FF&E) are included, allowing for immediate operation or a seamless transition to a new concept. Recent upgrades include a new roof (2021), new hot water tanks (2021), and a new make-up air unit (2021), demonstrating a commitment to ongoing maintenance. The property benefits from ample parking and a high-traffic location on I-70 Business Loop, adjacent to complementary businesses. This presents a unique opportunity for value investors, restaurateurs seeking an established operation, or developers considering potential redevelopment or division into multiple retail/food units. The property's APN is 2943-112-85-002. The lease type is Net.
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
