123 Grand Ave

123 Grand Ave , Mancos, Colorado, 81328 | 1,320 sq.f | $ 625,000

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About This Restaurant

Investment Highlights

Executive Summary

Awesome opportunity for investors with this extensively remodeled commercial property in the heart of historic and thriving Mancos. This longtime local landmark currently home to The Columbine Bar and Grill offers one of the premier locations in a growing and vibrant business district. The property features a well lit and spacious dining area with mahogany bar, tongue in groove aspen paneling and a privacy fenced back patio. The improvements to the building made in 2020-2021 were extensive and include some of the following: Removed and replaced roof, ceiling, electrical system, water lines and cooling and heating systems. Extensive enhancements to the kitchen and prep areas with improved walk in cooler and all new appliances. All of this including a replacement of the building front with double pane windows was done with respect for maintaining the historical integrity of this building originally constructed in 1910. The Columbine Bar and Grill business occupies the space as tenant and is not included in the sale.

Property Details

  • Sale Type    Owner User
  • Sale Condition    Business Value Included
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant General Retail Bar General Retail Storefront General Retail Storefront Retail/Office Restaurant
  • Building Size    1,320
  • Building Class    C
  • Year Built/Renovated    1910/1968
  • Price    625,000
  • Price Per SF    473
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.28
  • Land Acres    0.11 AC

Property Taxes

Parcel Number R004957 Improvements Assessment $25,012
Land Assessment $41,403 Total Assessment $66,415
Date Created: 2024-07-16 04:09:27 Last Updated: 2024-07-16 04:09:27
Address: 123 Grand Ave , Mancos, Colorado, 81328