136 Aspen Ave Fruita, CO 81521-2542
This exceptional opportunity presents the chance to acquire Aspen Street Coffee, a thriving, established business located in the heart of downtown Fruita, Colorado. This 1,092 square foot, Class A retail space, built in 1900, boasts a charming interior while maintaining a modern appeal. The property sits on a 0.02-acre lot and is zoned for commercial use. The business includes all fixtures, furniture, and equipment (FF&E), inventory, established vendor relationships, and a valuable trade name. A significant advantage is the inclusion of an off-site electric roaster, capable of supporting multiple locations, adding considerable value to the acquisition. The current owner-user benefits from a Triple Net (NNN) lease with a base rent of $22 per square foot, plus NNN expenses, and a 3% annual rent escalation clause. The lease is transferable to the new owner and includes an option to renew. Further enhancing the business's profitability is a liquor license and a Mesa County limited commercial kitchen license, allowing for diversified revenue streams. The business enjoys a strong reputation, evidenced by over 310 reviews with a 4.2-star rating, placing it among the top 8 coffee shops in Fruita. The sale includes the established customer base and a full-time manager with 2.5 years of experience, along with four to eight part-time employees. The asking price for the business and real estate is $230,000, representing a price per square foot of $210.62. A Certificate of Insurance is required. The property's address is 136 E Aspen Ave, Fruita, CO 81521. This is a truly turnkey operation with significant growth potential in a desirable location. A Non-Disclosure Agreement (NDA) is required for access to further detailed financial information.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
2212 · Fruita, COCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.