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    FOR SALE
    Turn key restaurants

    606 S Santa Fe Ave, Fountain, CO 80817

    4,620 SF 2.32 ac lot Built 1990
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US13-2579983
    Property summary
    AI-generated overview

    This exceptional 4,620 square-foot retail building, located at 606 S Santa Fe Avenue in El Paso County, presents a unique investment opportunity. Situated on a substantial 2.3-acre lot, the property boasts unparalleled visibility and accessibility due to its convenient location directly off Interstate 25. Currently occupied by Fountain Creek Winery & Eatery, the versatile floor plan lends itself to a wide range of business uses, making it an attractive prospect for both established businesses and new ventures. The building's single-tenant occupancy simplifies management and provides a stable income stream. The property offers significant redevelopment potential, given its size and prime location. Quick access to I-25 ensures high traffic volume and excellent exposure to potential customers. The current owner is open to including the business and its fixtures, furniture, and equipment (FF&E) in the sale, presenting a turnkey opportunity for a seamless transition. This is a rare chance to acquire a well-positioned retail property with substantial upside potential. Further details and scheduling of a property tour can be arranged upon request. The property is categorized as a restaurant but is suitable for various retail uses.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1990
    Construction WOOD FRAME
    Total area 4,620 SF
    Lot 2.32 ac (101,059 SF)
    Zoning code C-2
    APN 5607104006
    UPID US13-2579983
    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
    Current use
    Occupant on record · Public records
    • Fountain Creek Winery and Eatery Brewery & Distillery Specialty Food Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Casa Bonita Builders INC · 4 yrs held
    Casa Bonita Builders INC
    since 2021
    Last sale
    $500,000
    7 recorded transactions
    2023
    2023
    2021
    $500,000
    2008
    2008
    $343,871
    2000
    $485,000
    1969
    Zoning & alternative use
    C-2 · Fountain, CO
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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