144 Kluge Ave Palisade, CO 81526-9758
Property profile & analytics
144 Kluge Ave, Palisade, CO 81526-9758
- Warehouses
- 5,100 SF
- 0.64 lot acres
Property ID
US13-2681239
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Foodery Depot / Restaurant
Property Details for 144 Kluge Ave
- Year built
- 1936
- Construction
- WOOD
- Lot size
- 0.64 lot acres
- Property size
- 5,100 SF
- Zone code
- TC
- Property type
- Warehouses
- APN
- 2937-092-41-001
- APU
- 293709241001
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $450,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $795,000
- 6.5%
- $735,000
- 7%
- $680,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $582,000
Market price range: $154k - $583k -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $715,000 Current use
- COMMERCIAL (GENERAL)
- $835,000 Change: +16% Conversion: Difficult
- OFFICE BUILDING
- $715,000 Change: -0% Conversion: Difficult
- RETAIL STORES
- $690,000 Change: -4% Conversion: Moderate
- INDUSTRIAL (GENERAL)
- $580,000 Change: -19% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Palisade
- County
- Mesa
- State
- Colorado
- Longitude
- -108.353
- Latitude
- 39.1113
- CBSA code
- 24300
- CBSA name
- GRAND JUNCTION, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$30,720
$45,550
$201,420
$246,970
-
$163,260
$721,930
$885,190
