1201 Pearl StDenver, CO 80210

Property Details for 1201 Pearl St

Year built

1911

Construction

WOOD

Lot size

0.08 AC

Property size (Sq ft)

5,170 SF

Zone code

U-MS-3

Property type

Retail properties

Property subtype

Turn key restaurants

APN

05221-14-034-000

APU

522114034000

Description

This exceptional investment opportunity presents a fully operational, 5,212 square foot restaurant and bar located at 1201 S Pearl St, Denver, CO 80210. Currently operating as the well-regarded Lincoln's Roadhouse, this single-tenant property boasts 100% occupancy and sits on a 3,702 square foot lot. Built in 1911, the two-story building is zoned U-MS-3, offering flexibility for potential future uses. The asking price is $1,700,000. This prime location within Denver's vibrant Pearl Street corridor ensures high visibility and foot traffic, making it ideal for an owner-user seeking to establish or rebrand an upscale dining experience. The property's established reputation and strong performance history provide a solid foundation for continued success. The building's substantial size and prime location offer significant potential for growth and return on investment. This is a rare chance to acquire a thriving business in a highly desirable area. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $1,630,831

  6.5%

  $1,505,382

  7%

  $1,397,855

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,076,406

  Geo Method

  $1,076,406

• Alternative Use

  Use

  Valuation

  Residential

  $1,269,846

  Hospitality

  $1,163,172

  Educational

  $967,746

  Medical

  $1,001,028

  Retail

  $1,505,382

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.6946

Longitude

-104.981

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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