381 Colorado DrBayfield, CO 81122

For Sale
$2,400,000 View listing
  • Commercial real estate
  • 3,600 SF

Property Details for 381 Colorado Dr

Year built
1983
Lot size
0.07 AC
Property size (Sq ft)
3,600 SF
Property type
Commercial real estate
APN
5677-122-00-060
APU
567712200060

Description

This thriving pizza business, AJ's, presents a fantastic opportunity for aspiring entrepreneurs. Located in the heart of Bayfield, Colorado, at 381 E Colorado Drive, Unit 3, this well-known eatery enjoys a prime spot between a grocery store and Subway, ensuring consistent foot traffic and visibility. The 772 square foot space is currently operating under a transferable lease (real estate not included). The sale includes all necessary inventory, trade fixtures, and recipes, providing a seamless transition for the new owner. To further ease the transition, the current owners are offering post-closing training, eliminating the uncertainty often associated with acquiring an existing business. This turnkey operation is ready for immediate success, offering the chance to continue the established AJ's brand or launch a new venture within the same high-demand location. The asking price for this exceptional business opportunity is $69,000. This includes everything needed to begin operations immediately, making it an attractive proposition for those seeking a proven business model in a vibrant community. The business is situated on a 0-acre lot. Don't miss this chance to own a piece of Bayfield's culinary scene.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $775,229
    Hospitality
    $710,105
    Educational
    $590,799
    Medical
    $611,118
    Retail
    $919,021
381 Colorado Dr, Bayfield, Colorado

Location Insight

City
Bayfield
County
La Plata
State
Colorado
Latitude
37.233
Longitude
-107.596
CBSA code
20420
CBSA name
DURANGO, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$29,810
$56,460
$86,270
-
$106,860
$202,370
$309,230

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