Property summary
This exceptional 5,733 square foot restaurant located at 2915 W 44th Ave in Denver, Colorado, presents a truly unique investment opportunity. Boasting a rich history as a thriving establishment since the 1940s, operating for over four decades as Ernie's Supper Club/Ernie's Bar & Pizza, this property is ideally situated in the heart of Denver's burgeoning Sunnyside neighborhood, bordering the vibrant Highlands to the east and Berkeley to the west. Its prime location offers easy access to major transportation arteries, including I-70, Federal Boulevard, and I-25. The property sits on a 13,282 square foot lot and includes 22 parking spaces, a significant advantage in a densely populated area. The building itself underwent a complete renovation and update in 2019, ensuring modern functionality and aesthetics. The property is zoned U-MS-3 and is offered as a turnkey operation, with all furniture, fixtures, and equipment (FF&E) available for purchase. The walkability score of 79/100 underscores the desirability of this location for both residents and customers. This is a rare chance to acquire a well-established, fully renovated restaurant in a rapidly developing area of Denver. The asking price is $2,500,000.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
U-MS-3 Main Street 3 U-MS-5 Main Street 5 SE CTION 5.2.2 RESIDENTIAL DISTRICTS (U-SU-A, -A2, -B, -B2, -C -C2, -E, -H, U-TU-B, -B2, -C, U-RH-2.5, -3A) 5.2.2.1 General Purpose A. The intent of the Residential districts is…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
U-MS-3 · Denver, COU-MS-3 Main Street 3 U-MS-5 Main Street 5 SE CTION 5.2.2 RESIDENTIAL DISTRICTS (U-SU-A, -A2, -B, -B2, -C -C2, -E, -H, U-TU-B, -B2, -C, U-RH-2.5, -3A) 5.2.2.1 General Purpose A. The intent of the Residential districts is…
Zoning
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Zoning designation
Official district profile
U-MS-3 Main Street 3 U-MS-5 Main Street 5 SE CTION 5.2.2 RESIDENTIAL DISTRICTS (U-SU-A, -A2, -B, -B2, -C -C2, -E, -H, U-TU-B, -B2, -C, U-RH-2.5, -3A) 5.2.2.1 General Purpose A. The intent of the Residential districts is…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for U-MS-3 in Denver, CO.
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