1750 W. Mississippi Ave, Denver, CO, 80223
1750 W. Mississippi Ave
Denver, CO 80223
FOR SALE
Property Type:
RestaurantAmount:
$1,800,000
Last Verified:
Jan 11, 2025Daily Email Blast
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Highlights
- Full kitchen with grease trap and hood
- Paved parking lot with 26+ spaces
- Hotel & Restaurant Liquor license transferable upon sale
- Three (3) furnaces and one (1) AC unit on roof
- E-MX-3A Zoning allows for Three (3) story apartment development
- Landlord can extend lease to a total 10-year term upon request - The current Lease expires July 2027
- Screened in front porch 360 SF & front and back patio space
Description
This property is perfect for an owner-user or investor seeking a turnkey restaurant, featuring a commercial kitchen, Hotel & Restaurant liquor license, and a paved parking lot with over twenty-six spaces. The main floor and lower level offer open layouts with full-service bars. Located near Athmar Park Neighborhood, it boasts high visibility and a large nearby apartment population. Listed for $1,800,000 at an 8% cap rate with three years remaining on the lease.
Located across the highway from Gates Re-Development Site
Year Built: 1960
Building Size: 7488sq ft
Lot Size: 0.39 acres