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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

109 3Rd Ave La Salle, CO 80645

5,250 SF
Property ID
Property summary
AI-generated overview

This exceptional 5,250 square foot commercial property, located at 109 3rd Ave in La Salle, Colorado, presents a unique investment opportunity. Currently operating as a successful restaurant since 1970, this single-tenant building boasts 100% occupancy and is situated just half a block from Highway 85, ensuring high visibility and accessibility. The property is zoned I-L, offering considerable flexibility for a variety of uses beyond its current configuration. The building itself is a Class B structure with ample parking for 30 vehicles. A key feature is a large banquet room capable of accommodating up to 100 guests, adding significant revenue potential. The asking price is $850,000, translating to $161.90 per square foot. The property's prime location in Weld County, Colorado, zip code 80645, offers excellent access to a thriving community. With its established history, versatile zoning, and substantial space, this property is ideal for both seasoned investors and entrepreneurs seeking a turnkey operation or a platform for a new venture. The building's long-standing presence in the community and its current operational success provide a solid foundation for future growth and profitability. This is a rare opportunity to acquire a well-established business with significant upside potential in a desirable location.

Property profile
Verified
Property type Retail properties & Spaces
Total area 5,250 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Farmers Inn Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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