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Property profile & analytics
OFF-MARKET
Commercial real estate

501 Walsen Ave Walsenburg, CO 81089

1,556 SF 0.11 ac lot Built 1930
Property ID
US13-2080477
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1930
Total area 1,556 SF
Lot 0.11 ac (4,792 SF)
APN 034232
UPID US13-2080477
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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