You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Turn key restaurants

136 Aspen Ave Fruita, CO 81521-2542

1,092 SF 0.03 ac lot Built 1900
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US13-2803550
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,092 SF
Lot 0.03 ac (1,172 SF)
Zoning code 2212
APN 2697-172-22-019
UPID US13-2803550
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
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
Elevate LLC · 3 yrs held
Elevate LLC
since 2022
Last sale
$375,000
7 recorded transactions
2022
$375,000
2020
Price N/A
2005
Price N/A
2005
$130,000
2002
$110,000
1998
Price N/A
1969
Price N/A
Zoning & alternative use
2212 · Fruita, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source municipal code
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 136 Aspen Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message