109 3Rd Ave La Salle, CO 80645
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.
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Farmers Inn Restaurant
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
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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.