For Sale
$850,000

109 3Rd AveLa Salle, CO 80645

Established Restaurant, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 5,250 square foot commercial property, located at 109 3rd Ave in La Salle, Colorado, presents a unique investment opportunity. Currently operating as a successful restaurant since 1970, this single-tenant building boasts 100% occupancy and is situated just half a block from Highway 85, ensuring high visibility and accessibility. The property is zoned I-L, offering considerable flexibility for a variety of uses beyond its current configuration. The building itself is a Class B structure with ample parking for 30 vehicles. A key feature is a large banquet room capable of accommodating up to 100 guests, adding significant revenue potential. The asking price is $850,000, translating to $161.90 per square foot. The property's prime location in Weld County, Colorado, zip code 80645, offers excellent access to a thriving community. With its established history, versatile zoning, and substantial space, this property is ideal for both seasoned investors and entrepreneurs seeking a turnkey operation or a platform for a new venture. The building's long-standing presence in the community and its current operational success provide a solid foundation for future growth and profitability. This is a rare opportunity to acquire a well-established business with significant upside potential in a desirable location.

Highlights

  • Established family restaurant, half-block from Highway 85 in LaSalle.
  • 100-person capacity banquet room.
  • Free-standing building, I-L zoning allows diverse uses.

Property Details for 109 3Rd Ave

Property type
Retail properties, Restaurants
Square Feet
5,250 SF
Class
B

Location Insight

City
La Salle
County
Weld
State
Colorado
Latitude
40.3523888
Longitude
-104.7008065
109 3Rd Ave, La Salle, Colorado

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109 3Rd Ave
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