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Property profile & analytics
OFF-MARKET
Turn key restaurants

112 Main St Gunnison, CO 81230-2333

2,318 SF 0.14 ac lot Built 1939
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US13-1409951
Property summary
AI-generated overview

This exceptional turnkey restaurant opportunity at 112 S Main Street in Gunnison, Colorado presents a rare chance to acquire a thriving business in a vibrant downtown location. Boasting a generous 2,318 square feet on a 0.14-acre lot, El Paraiso is renowned for its expansive outdoor patio, capable of seating 85 patrons, complementing the substantial 99-seat indoor dining area. The interior features a recently added, large dining area complete with a welcoming fireplace, creating a warm and inviting atmosphere for guests. The commercial kitchen is exceptionally spacious and well-equipped, ensuring efficient food preparation and service. A fully functional bar area with integrated seating adds to the establishment's appeal. Additional seating areas throughout the restaurant provide ample capacity for diverse dining experiences. Recent improvements include the installation of new windows throughout the building, enhancing both aesthetics and energy efficiency. The main roof was replaced in 2019, ensuring long-term structural integrity. A full basement provides valuable storage space for food supplies and includes dedicated office space for administrative functions. Convenient outdoor storage is also available for furniture and other equipment. This property's prime downtown Gunnison location guarantees high visibility and foot traffic, making it an ideal investment for a discerning restaurateur. The asking price is $950,000.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1939
Total area 2,318 SF
Lot 0.14 ac (6,250 SF)
APN 378701204020
UPID US13-1409951
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
  • El Paraiso Family Mexican Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Antonia Rios Castillo · 2 yrs held
Antonia Rios Castillo
since 2024
3 recorded transactions
2024
Price N/A
2023
$650,000
2011
$350,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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