Property profile

1204 Colorado Ave Brush, CO 80723

OFF-MARKET
Turn key restaurants
Property ID
US13-0358008
6,992 SF 0.34 ac lot Built 1968
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional turnkey commercial property, located at 1204 N Colorado Ave in Brush, Colorado, presents a unique investment opportunity. The 6,860 square foot building sits on a 0.34-acre lot and is conveniently located off I-76, ensuring high visibility and accessibility. The property boasts a recently remodeled interior, including a completely updated kitchen, bathrooms, and bar area. Significant improvements have also been made to the plumbing and electrical systems, guaranteeing efficient and reliable operation. Security is enhanced with a comprehensive perimeter camera system, providing peace of mind for owners. The sale includes all fixtures, equipment, and furnishings, allowing for immediate commencement of business operations. Adding to its versatility, the building incorporates living quarters featuring five bedrooms, offering significant potential for owner occupancy or additional rental income. Priced at $459,000, this property represents an excellent value considering its prime location, recent renovations, and the inherent potential for growth and profitability within the thriving Brush, Colorado market. The combination of a successful restaurant and bar operation with integrated living space makes this a truly unique and attractive investment.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1968
Construction WOOD FRAME
Total area 6,992 SF
Lot 0.34 ac (14,810 SF)
APN R001177
UPID US13-0358008

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1204 Colorado Ave Brush, CO 80723-2905
Brush metro Census 700 FORT MORGAN, CO MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$130k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$160k

Owner & transaction history

since 2022
Last sale
$155,000
2 recorded transactions
2022
Price N/A
2022
$155,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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