325 Grand AvePaonia, CO 81428

Property Details for 325 Grand Ave

Year built

1920

Construction

FRAME

Lot size

0.07 AC

Property size (Sq ft)

540 SF

Property type

Commercial real estate

APN

324506114016

APU

324506114016

Description

This thriving business opportunity in the heart of Paonia, CO presents a unique chance to acquire a well-established brewery and tasting room. The current owner has cultivated a loyal customer base, benefiting from the town's vibrant atmosphere and strong tourism. The tasting room, operating under a lease extending to December 2025, boasts a charming 25'x20' front patio with seating for outdoor enjoyment. A spacious 25'x45' beer garden, also part of the tasting room lease, regularly hosts live music, food trucks, and karaoke events, capitalizing on Paonia's lively events calendar. This includes the July 4th Cherry Days, BMW Rally, Art and Ag Tour, Mountain Harvest Festival, and numerous other seasonal celebrations. Paonia's reputation as a beautiful vacation destination, known for its scenery, vineyards, orchards, and outdoor recreation, attracts a steady stream of visitors who appreciate craft beer. The brewery itself, housed in a separate 1479 sq ft warehouse under lease until January 2027, is located just half a block from the tasting room. The sale includes the transfer of the LLC and its liquor license, permitting up to five tasting rooms, offering significant potential for expansion and increased revenue. The total area of the business is 540 square feet, situated on a 0.06-acre lot. This turnkey operation is priced at $125,000 and represents a compelling investment in a successful and growing business within a desirable location. The business is being sold as an entity only

• CAP approach

  CAP return

  Valuation

  6%

  $112,471

  6.5%

  $103,819

  7%

  $96,403.30

• Comparable approach

  Method

  Valuation

  Relative Method

  $109,893

  Geo Method

  $44,614.80

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $201,971

  Retail / Commercial

  $104,044

  Mixed-Use / Specialty

  $104,048

  Hospitality / Lodging

  $76,823.30

  Office

  $103,819

  Institutional / Educational

  $108,301

  Residential Income

  $126,712

  Multifamily

  $149,899

  Automotive / Energy

  $92,829.60

  Parking / Income-Based Land

  $31,664.80

  Restaurant / Food Service

  $54,914.10

  Healthcare / Senior Housing

  $106,315

Location Insight

City

Paonia

County

Delta

State

Colorado

Latitude

38.8695

Longitude

-107.597

Property Tax & Assessments

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