501 Walsen Ave Walsenburg, CO 81089
This exceptional opportunity presents a thriving, established family restaurant located at 501 Walsen Ave, Walsenburg, CO 81089. The property, encompassing 1,556 square feet, sits on a 0.11-acre lot (APN 034232) and includes three buildings, all on one story, built in 1930. The main structure is a fully operational restaurant with all equipment and supplies included, even some additional bakery equipment. The restaurant boasts a loyal customer base and serves a popular menu of home-style comfort food, including all-day breakfast. A significant advantage is the inclusion of a separate two-bedroom, one-bathroom home, offering potential for rental income or owner occupancy. The property is zoned for commercial use and benefits from a high-traffic location on Walsen Avenue, a major thoroughfare connecting I-25 to Highways 10 and 160, ensuring excellent visibility and accessibility. This turnkey operation presents a unique live-work opportunity in a welcoming community, allowing for immediate income generation and the potential for expansion or customization to suit a new owner's vision. The asking price is $265,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.