5450 Manhart Ave Sedalia, CO 80135
This exceptional 6,630 square foot mixed-use property, located at 5450 Manhart Ave in Sedalia, Colorado, presents a unique investment opportunity. Built in 1908, this beautifully maintained Victorian-era red brick building is a designated Douglas County historic landmark. Currently vacant, the property offers a turnkey restaurant and event center setup, complete with all fixtures, furniture, and equipment (FF&E). The spacious interior is ideal for large events, complemented by a large patio boasting expansive foothills views. This established location, operating successfully since 1986, benefits from a loyal customer base and a reputation for fine dining. Situated in downtown Sedalia, it provides convenient access, ample private parking, and stunning gardens. The property is zoned for commercial and mixed-use purposes and features two stories. The asking price is $1,750,000, translating to $263.95 per square foot. This represents a rare chance to acquire a well-established, historically significant property with significant potential in a desirable Colorado location.
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
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.