351 Market St R706 Basalt, CO 81621-7409
This exceptional opportunity presents the sale of a well-established, full-service restaurant and bar, The Wienerstube, located in the highly desirable Willits Town Center in Basalt, Colorado. Situated on Market Street with direct access from Highway 82, this 2,855 square foot space boasts a prime location within a vibrant commercial hub. The Willits Town Center offers high visibility and consistent foot traffic from locals, tourists, and residents of nearby luxury developments, including a Whole Foods Market and upscale condos. Neighboring businesses include high-end retail, fitness centers, and professional services, creating a strong customer base. The property benefits from ample parking and convenient pedestrian access. The Wienerstube features a well-designed kitchen and a fully equipped bar, providing a turnkey operation for a new owner. This versatile space is ideal for continuing the existing restaurant's success or launching a completely new dining concept. The Willits Town Center frequently hosts community events, further enhancing the location's appeal and exposure. This is a rare chance to acquire a thriving business in a premier location within a bustling community. The sale price is $599,000 and excludes the real estate.
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Wienerstube Restaurant Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.