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217 S Union Ave

Pueblo, CO 81003
  • $1,300,000
  • STATUS: Active
  • ON SITE: 34 Days
  • MLS #: 954316
UPDATED: 47 min ago
$1,300,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1990
County:

School Ratings & Info

Description

This classic Pueblo restaurant is in the heart of charming Union Ave and walking distance to the Historic Arkansas Riverwalk. Designed with a uniquely urban feel, offering exceptional food, great employees, year-over-year financial growth, and a turn-key business. Business will thrive and grow with the City of Pueblo's revitalization and growth plans. The space features 2 patios totaling over 3,600 sf, a large balcony for private seating overlooks the main dining area, and a spacious banquet area. Hosting events, business and family gatherings, reunions, etc. can be accommodated while still carrying on bustling regular crowd. Furniture, fixtures and equipment included. Pueblo's major support and resources focused on continuing development makes a tremendous investment. Business and real estate sold, all inclusive for $1,300,000. $800,000 for the land and building ($290 per sf), $500,000 for the established and profitable business. Opportunity Zone for capital gains tax incentive.

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© 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Partners, LLC.. Data last updated: 2021-12-07T21:41:09.98.
www.downtownre.com/homes/122967859
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217 S Union Ave Pueblo, CO 81003

  • Price: $1,300,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 47 min ago
  • MLS #: 954316
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1990
Built
Neighborhood:
Pueblo Historic Business District
County:
Pueblo
Area:
13 All Others
Property Description
This classic Pueblo restaurant is in the heart of charming Union Ave and walking distance to the Historic Arkansas Riverwalk. Designed with a uniquely urban feel, offering exceptional food, great employees, year-over-year financial growth, and a turn-key business. Business will thrive and grow with the City of Pueblo's revitalization and growth plans. The space features 2 patios totaling over 3,600 sf, a large balcony for private seating overlooks the main dining area, and a spacious banquet area. Hosting events, business and family gatherings, reunions, etc. can be accommodated while still carrying on bustling regular crowd. Furniture, fixtures and equipment included. Pueblo's major support and resources focused on continuing development makes a tremendous investment. Business and real estate sold, all inclusive for $1,300,000. $800,000 for the land and building ($290 per sf), $500,000 for the established and profitable business. Opportunity Zone for capital gains tax incentive.
Exterior Features

Construction Materials Brick/Brick Veneer Exterior Features Lighting Horse YN No Lot Features CurbsSidewalksHistoric DistrictWithin City Limits Property Attached YN No Road Surface Type Paved Roof Flat Waterfront YN No

Interior Features

Building Area Total 2751 Building Features Storage On Site Cooling Refrigeration/Hvac Cooling YN Yes Heating Common Heat Source Heating YN Yes Living Area 2751 Living Area Source Other

Property Features

Association YN No Business Type Incorporated AreaProfessional/OfficeRetail-Downtown Cap Rate -0.39 Ditches Active YN No Electric Electric Exclusions Personal ComputersPropane TanksKegs & Co2 TanksJeep GladiatorTackersOskar BluesAnd Etc. Gas Natural Gas Gross Income 0 Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventionalLease Back Locale Pueblo Net Operating Income -5155.5 New Construction YN No Operating Expense 5155.5 Property Condition Not NewPreviously Owned Senior Community YN No Special Listing Conditions Private Owner Tax Annual Amount 5155.5 Tenant Pays GasElectricityWaterSewerTaxes Utilities Natural Gas AvailableElectricity Available Water Source City WaterPublic Zoning Commercial

Listing information © 2021 Information and Real Estate Services
Listing provided courtesy of Erika Luecke of Compass-Denver.



© 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Partners, LLC.. Data last updated: 2021-12-07T21:41:09.98.
 
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Downtown Real Estate Partners, LLC.
528 S. Howes St.
Fort Collins CO, 80521