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  • Listing Provided By Keller Williams Preferred Realty
DESCRIPTION

**PLEASE DO NOT DISTURB EMPLOYEES OR PATRONS*** Restaurant / Development Opportunity-Outstanding Location! This modern and well maintained 5907 Sq-ft Building is home to a successful family owned and operated Mexican Restaurant with decades of proven performance and growth. High Traffic Counts with 43,000+ vehicles passing daily makes visibility and accessibility a plus. The desirable “S-CC-3X” Zoning allows development of buildings up to 3 stories high on this 1.60 Acre paved corner lot. The Restaurant is in full operation and is ready to continue under new ownership or bring your new concepts to this active neighborhood. There is seating for approximately 200 customers + outdoor patio seating. There are two dining areas and a full-service bar with seating. The transferable Cabaret liquor license will allow you to add live entertainment or dancing for your guests. The commercial kitchen is equipped for a large restaurant operation with room to grow the sales volume. Grow your profits by adding a Food Truck commissary or Event Hosting & Catering to your business plan. Sale includes Furniture,Fixtures and Equipment This property is also an excellent candidate for your Development project. The “S-CC-3X” Zoning allows of a variety of Commercial and Multi-family opportunities. High traffic counts and central location are beneficial features. 241 ft. Frontage along Federal Blvd. + 289 ft. along Iowa Ave, Monument signage and more. See supplements for Demographic info. Showings by appointment only.Signed Non-Disclosure & Proof of Funds / Pre-Qualification required prior to showing. **PLEASE DO NOT DISTURB EMPLOYEES OR PATRONS***

KEY DETAILS
  • Price:
  • $3,200,000
  • Bedrooms:
  • 0
  • Full Baths:
  • 0
  • Square Footage:
  • 5,907
  • Acreage:
  • 1.60
  • Year Built:
  • 1989
  • MLS #:
  • 4957659
  • Street Address:
  • 1597 S Federal Blvd
  • City:
  • Denver
  • State:
  • CO
  • Postal Code:
  • 80219
  • County:
  • Denver
  • Listing Status:
  • For Sale - Pending

Building

  • Building Security:
  • Fire Alarm
  • Construction Description:
  • Brick, Frame
  • Number Of Units:
  • 1
  • Stories:
  • 1
  • Total Building Square Footage:
  • 5907
  • Type Of Roof:
  • Architectural, Shingle
  • Year Built:
  • 1989

Business

  • Gross Income:
  • 2417000

Documents

  • Documents On Hand:
  • Financials, Profit/Loss Statement

Land

  • Conforms To Zoning:
  • S-Cc-3x
  • Existing Land Use:
  • Restaurant
  • Lot Square Footage:
  • 69600
  • Road Frontage Type:
  • Public Road
  • Road Type:
  • Paved

Listing

  • Contingency Type:
  • None Known
  • Days On Market:
  • 18
  • Excluded:
  • Dishwashing Machine And Coke Machine Are Leased, Personal Property And Some Decor Items Excluded.
  • Originating Mls:
  • Reco
  • Terms:
  • Owner Will Carry

Location

  • Street Direction Prefix:
  • S
  • Street Type:
  • Boulevard

Money

  • Property Taxes:
  • $43,689
  • Tax Year:
  • 2019

Structures

  • Parking Description:
  • Asphalt, Lighted
  • Parking Spaces:
  • 93

Systems

  • Existing Water:
  • Public
  • Sewage Type:
  • Public Sewer

Source

COMLIST
REQUEST SHOWING
SCHOOL RATINGS

No school information available.

NOTES

No notes have been added for this home.

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