For Sale
$995,000
412 Park AveRifle, CO 81650
2,752 SF Retail Building in Rifle, CO 81650
Overview
- Added:
- Jan 20
- Days on market:
- 76
Highlights
- LOCATION: Rifle, Colorado FACILITIES: Historic property built in 1920 has been updated as a full-service restaurant. The building is 2,752 sf residing on a 0.5041 acre lot. The real estate is offered at $995,000. COMPETITION: This is the only high-end steakhouse restaurant in the area. Competition is mainly alternative fast food and casual family restaurant concepts. POTENTIAL GROWTH: The business has relied on word-of-mouth, as well as some limited social media, hotel promotions and their website for marketing. Additional marketing of restaurant, bar and catering services would propel growth beyond the current organic population growth of the area. SUPPORT & TRAINING: Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations. FINANCING/TERMS: The Seller will entertain offers of varying financial and legal structures. REASON FOR SELLING: Retirement to take care of aging parents
Property Details for 412 Park Ave
- Property type
- Retail residential properties, Retail properties
- Square Feet
- 2,752 SF
- Price / Square Foot
- $361.56
- Buildings
- 1
- Stories
- 1
- Elevators
- N/A
- Lot Size (sq. ft)
- 2,752 SF
Location Insight
- City
- Rifle
- County
- State
- Colorado
Nearby Similar for Sale
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