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235 S Main St 2,952 SF Retail Building Palisade, CO 81526 $699,000 ($236.79/SF) 5.72% Cap Rate



EXECUTIVE SUMMARY
357 Bar & Grill - Business and Property Available. Existing Restaurant & Bar for Sale with Real Estate included in the heart of Downtown/Main Street of beautiful Palisade, CO! 357 Bar and Grill is a long-standing Restaurant & Bar located in Palisade and COMES WITH the property located right on Main Street consisting of a total of 2452 SF including a wide open seating area, fully stocked bar, and a full-service kitchen. All FF&E and Assets are included, as well as all Goodwill, Inventory, IP, branding, etc. Turn-key business operations in place for new ownership.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,952 SF
Building Class
C
Year Built
1907
Price
$699,000
Price Per SF
$236.79
Cap Rate
5.72%
NOI
$40,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.62
Lot Size
0.11 AC
PROPERTY TAXES
| Parcel Number | 2937-091-10-001 | Improvements Assessment | $66,050 |
| Land Assessment | $21,470 | Total Assessment | $87,520 |
PROPERTY TAXES
Parcel Number
2937-091-10-001
Land Assessment
$21,470
Improvements Assessment
$66,050
Total Assessment
$87,520
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235 S Main St
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