Current Use by Public Records
- Retail properties & Spaces
Property Details for 106 3Rd Ave
- Lot size
- 0.50 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This turnkey restaurant at 106 3rd Ave, Greeley, CO 80631, presents a unique investment opportunity. The 5,250 square foot, single-story building sits on a 0.496-acre lot and boasts a prime location just half a block east of Highway 85, ensuring high visibility and accessibility. Currently operating as a restaurant since 1970, this Class C property offers 100% occupancy and benefits from a generous 48 parking spaces per 1,000 square feet. The property is zoned I-1 and features a spacious banquet room capable of accommodating 100 guests. The asking price is $850,000, translating to $161.90 per square foot. The building is a standalone structure, offering complete ownership and control. This is a rare chance to acquire an established, profitable business in a thriving location. The property is offered as a NNN lease, with a single tenant. The building's long history and established clientele base provide a solid foundation for continued success. This is an exceptional opportunity for an investor seeking a stable, high-return investment in a well-established business.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Greeley
- County
- Weld
- State
- Colorado
- Longitude
- -104.701
- Latitude
- 40.352
