109 3Rd Ave La Salle, CO 80645

Property Details for 109 3Rd Ave

Property size

5,250 SF

Property type

Retail properties

Property subtype

Restaurants

Description

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.