800 Tomichi AveGunnison, CO 81230

Property Details for 800 Tomichi Ave

Year built

1982

Lot size

0.70 AC

Property size (Sq ft)

3,980 SF

Property type

Turn key restaurants

APN

370136000007

APU

370136000007

Description

This exceptional commercial property, located at 800 W Tomichi in Gunnison, CO, offers 4,550 square feet of versatile space on a 0.14-acre lot. Benefitting from highly desirable Highway 50 frontage, this building is ideal for a variety of businesses. A complete remodel has been undertaken, encompassing new plumbing, electrical wiring, electrical panels, and ADA-compliant bathrooms. The roof was replaced in 2018, enhancing durability and longevity. A covered porch, added in 2019, provides additional outdoor space. A significant feature is the 2400-square-foot basement, which includes a banquet room and a fully functional bar equipped with inline beer taps. This presents a unique opportunity for businesses requiring event space or beverage service. The existing pizza business and its fixtures are available for purchase separately, providing a turnkey operation for the right buyer. The asking price for this prime commercial property is $875,000. This presents a rare opportunity to acquire a fully renovated, high-visibility commercial space in a thriving Gunnison location. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $830,750

  6.5%

  $766,846

  7%

  $712,072

• Comparable approach

  Method

  Valuation

  Relative Method

  $842,350

  Geo Method

  $341,981

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,488,600

  Mixed-Use / Specialty

  $766,869

  Hospitality / Lodging

  $566,216

  Office

  $765,184

  Institutional / Educational

  $798,220

  Residential Income

  $933,917

  Multifamily

  $1,104,810

  Automotive / Energy

  $684,188

  Parking / Income-Based Land

  $233,382

  Restaurant / Food Service

  $404,738

  Healthcare / Senior Housing

  $783,583

Location Insight

City

Gunnison

County

Gunnison

State

Colorado

Latitude

38.5448

Longitude

-106.917

Property Tax & Assessments

FAQs

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