109 3Rd Ave La Salle, CO 80645
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Farmers Inn / Restaurant
Property Details for 109 3Rd Ave
- Property size
- 5,250 SF
- Property type
- Retail properties & Spaces
- 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.
Value Estimations
based on Realmo’s proprietary methodology
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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
- La Salle
- County
- Weld
- State
- Colorado
- Longitude
- -104.701
- Latitude
- 40.3524
