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Property profile & analytics
OFF-MARKET Estimated value $590,000
Warehouses

144 Kluge Ave Palisade, CO 81526-9758

5,100 SF 0.64 ac lot Built 1936
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US13-2681239
Property summary
AI-generated overview

This exceptional business opportunity encompasses a thriving, established distillery in the heart of downtown Palisade, Colorado. The sale includes all real estate and business assets, presenting a unique chance for immediate operation and potential expansion. Situated on a desirable 0.63-acre corner lot, the property boasts four distinct buildings totaling over 10,400 square feet. The main structure is a 2,690-square-foot retail distillery and bar, perfect for customer interaction and sales. A substantial 5,100-square-foot warehouse facilitates efficient manufacturing processes, while a 1,460-square-foot historic home/office provides versatile administrative space. Additional storage is available in a 1,250-square-foot warehouse, also offering potential for expanded seating. The property further benefits from multiple furnished and landscaped outdoor patio areas, ideal for creating a welcoming atmosphere. A fully equipped food truck is included, adding another revenue stream. The sale price includes all business assets, valued at over $1.1 million, and existing inventory estimated at over $550,000 cost, $1 million wholesale, and over $2 million retail value. The distillery enjoys a strong historical performance record, providing a solid foundation for future growth under new ownership. This turnkey operation offers significant value in its real estate, land, equipment, and established business, presenting numerous options for expansion and innovation.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1936
Construction WOOD
Total area 5,100 SF
Lot 0.64 ac (27,878 SF)
Zoning code TC
APN 2937-092-41-001
UPID US13-2681239
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
  • Foodery Depot Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
$735k
Comparable Approach Comparable
$583k
Blend (final) Blend
$590k
Owner & transaction history
Pecker Heads LLC · 1 yrs held
Pecker Heads LLC
since 2025
7 recorded transactions
2025
$1.2M
2025
Price N/A
2018
Price N/A
2017
Price N/A
2013
$450,000
2004
$185,000
1969
Price N/A
Zoning & alternative use
TC · Palisade, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $835,000 +16.2%
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