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Property profile & analytics
OFF-MARKET
Turn key restaurants

1352 Monroe St Strasburg, CO 80136-7521

904 SF 0.33 ac lot Built 1943
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US13-0190804
Property summary
AI-generated overview

This exceptional retail opportunity is situated at 1352 Monroe Street in Strasburg, Colorado, a prime location just 30 minutes east of Denver. Boasting 904 square feet on a 0.33-acre lot, this property offers a fully updated restaurant space ready for immediate occupancy. Its strategic placement next to one of North America's busiest KOA campgrounds, just north of Interstate 70, ensures high visibility and significant foot traffic, presenting a unique advantage for any business. The property is priced at $390,000, representing a compelling investment in a thriving area. The existing restaurant setup provides a turnkey operation, minimizing initial setup costs and allowing for a rapid commencement of business. This presents a significant advantage for prospective owners seeking a quick return on investment. For serious inquiries only, seller financing may be considered with a minimum down payment of 20%. This flexible financing option makes this property accessible to a wider range of potential buyers. Don't miss this chance to own a well-established business in a high-demand location. Contact us today to schedule a viewing and explore this exciting opportunity.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1943
Construction FRAME
Total area 904 SF
Lot 0.33 ac (14,375 SF)
APN 1983-03-2-00-011
UPID US13-0190804
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
  • Denver East Strasburg Family BBQ 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
James L Spillman JR · 1 yrs held
James L Spillman JR
since 2025
Last sale
$350,000
7 recorded transactions
2025
$350,000
2017
$150,000
2002
$126,750
1998
$80,000
1998
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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