Property profile

14770 Us Highway 285 Salida, CO 81201

FOR SALE
Turn key restaurants
Property ID
US13-1244754
2,345 SF 0.63 ac lot Built 1956
Individually Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a commercial building located on U.S. Highway 285 in Chaffee County, along the Arkansas River corridor, approximately 10 minutes from downtown Salida and 15 minutes from downtown Buena Vista. It sits on a 0.63-acre site and contains a building of nearly 4,500 square feet. The main level has an open floor plan with a fully functional bar and a commercial kitchen including a vent hood, walk-in cooler, and high-capacity dishwasher. The lower level includes a lounge, a wet bar, three bathrooms, a carpeted office, and a storage/utility room. Outdoor amenities include a fenced-in two-level patio with mature trees and a water feature. On-site parking consists of 16 dedicated parking spaces with additional space that could support extra parking and/or outbuildings. Historically, the building has operated in multiple commercial and mixed-use capacities, including as King’s Truck Stop and Bar, a series of restaurants, a transportation company live/work headquarters, an event venue/VR escape room, and employee housing for a construction company. The property is zoned AR and was previously used in ways consistent with commercial food service, events, and lodging concepts; the site address is 14770 US Highway 285, Salida, CO 81201.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1956
Total area 2,345 SF
Lot 0.63 ac (27,443 SF)
APN R353333100047
UPID US13-1244754

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

14770 Us Highway 285 Salida, CO 81201
Salida metro Census 300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2018
6 recorded transactions
2018
$232,000
2014
$218,500
2011
$135,000
2009
Price N/A
2007
Price N/A
2007
$375,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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