3978 S Broadway

3978 S Broadway , Englewood, Colorado, 80113 | 2,950 sq.f | $ 749,900

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About This Restaurant

Investment Highlights

Rare Second Generation Bar New Liquor License Easily Obtainable Well Known Neighborhood Bar Location

Executive Summary

This tavern real estate for sale on busy South Broadway in Englewood, Colorado, is ready for your bar concept. Located on a major thoroughfare, the location is ideal for a neighborhood bar with dense residential and high traffic counts of 31,883 (MPSI). The property has been a long and well-known bar location and the landlord has decided to sell making this a great opportunity for an owner/operator who wants to build wealth through real estate. Additionally, the property is ideal for an investor as second generation bars are rarely available for lease. The large bar and open seating area is set up for easy management keeping labor low. However, a new owner could add a small kitchen increasing gross sales with an easily executable menu. The property is not currently licensed but previously held a tavern license and a new license can be easily obtained.

Property Details

  • Sale Type    Owner User
  • Property Type    Retail
  • Property Subtype    Bar Bar General Retail Bar General Retail Restaurant Bar
  • Building Size    2,950
  • Building Class    C
  • Year Built    1927
  • Price    749,900
  • Price Per SF    254
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.97
  • Land Acres    0.07 AC

Amenities

  • Fireplace
  • Signage
  • Accent Lighting

Nearby Amenities & Transportation

Retail Bank of Montreal
Retail Starbucks
Retail PNC Bank
Retail Denny's
Retail Anytime Fitness
Retail Rent-A-Center
Retail Bank of America
Retail U.S. Bank
Retail King Soopers
Retail Moe's Original BBQ

Property Taxes

Parcel Number 2077-03-4-08-011 Improvements Assessment $0
Land Assessment $0 Total Assessment $95,976
Date Created: 2024-07-16 04:09:26 Last Updated: 2024-07-16 04:09:26
Address: 3978 S Broadway , Englewood, Colorado, 80113