325 Grand Ave Paonia, CO 81428
- Commercial real estate
- 540 SF
- 0.07 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 325 Grand Ave
- Year built
- 1920
- Construction
- FRAME
- Lot size
- 0.07 lot acres
- Property size
- 540 SF
- Property type
- Commercial real estate
- APN
- 324506114016
- APU
- 324506114016
Description
This thriving business opportunity in the heart of Paonia, CO presents a unique chance to acquire a well-established brewery and tasting room. The current owner has cultivated a loyal customer base, benefiting from the town's vibrant atmosphere and strong tourism. The tasting room, operating under a lease extending to December 2025, boasts a charming 25'x20' front patio with seating for outdoor enjoyment. A spacious 25'x45' beer garden, also part of the tasting room lease, regularly hosts live music, food trucks, and karaoke events, capitalizing on Paonia's lively events calendar. This includes the July 4th Cherry Days, BMW Rally, Art and Ag Tour, Mountain Harvest Festival, and numerous other seasonal celebrations. Paonia's reputation as a beautiful vacation destination, known for its scenery, vineyards, orchards, and outdoor recreation, attracts a steady stream of visitors who appreciate craft beer. The brewery itself, housed in a separate 1479 sq ft warehouse under lease until January 2027, is located just half a block from the tasting room. The sale includes the transfer of the LLC and its liquor license, permitting up to five tasting rooms, offering significant potential for expansion and increased revenue. The total area of the business is 540 square feet, situated on a 0.06-acre lot. This turnkey operation is priced at $125,000 and represents a compelling investment in a successful and growing business within a desirable location. The business is being sold as an entity only
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $285,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $365,000
- 6.5%
- $355,000
- 7%
- $335,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $335,000
- Geo Method
- $295,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $355,000
- Retail
- $300,000
- Mixed-Use
- $335,000
- Hospitality
- $395,000
- Educational
- $355,000
- Residential Income
- $300,000
- Energy
- $330,000
- Income-Based Land
- $310,000
- Food Service
- $335,000
Location Insight
- Map
- Local Demand
- City
- Paonia
- County
- Delta
- State
- Colorado
- Longitude
- -107.597
- Latitude
- 38.8695