This beautiful restaurant and bar for sale is located on the South Broadway corridor in Denver, Colorado, which is recognized as one of the largest growth centers in Denver. The growth includes the former Kmart site adding 340 to 350 new apartments, 106 affordable apartments will be added to the First Avenue Hotel building, and the project at 99 South will house 238 apartment units. This neighborhood also offers an eclectic mix of taverns, unique eateries, art galleries, boutique clothing stores, bookstores, an art house movie theater and hip live music venues.
This restaurant for sale in Denver, Colorado has an under-market, long term lease at only $26.23 NNN per square foot and there’s a transferable Hotel and Restaurant liquor license in place. There is a fully equipped kitchen including a 5’ and a 14’ exhaust hood and a large walk in cooler. A very inviting large bar, comfortable dining and private dining space, all totaling 132 seats, is the perfect atmosphere to showcase this award winning restaurants delicious menu. This is a great opportunity to acquire a second generation Denver restaurant for sale at half the cost not to mention the time and hassle of building a new one. Build on the current great reputation with $1.1M in gross sales or convert to your own concept utilizing this strong location. This beautiful Denver, Colorado restaurant and bar for sale on South Broadway is listed by Shawn Sanborn and Mark Valente.
- Location: Denver / Boulder Metro
- Price: $289,000
- Status: Active
- Reference Number: 20189
- Square Footage (Building): 3629
- Total Seats: 132
- Grease Trap: y
- Hood: 5' and 14'
- Liquor License: Hotel & Restaurant
- Annual Gross Sales: $1,100,000
- Rent: $7,932.39/month or $26.23/SF NNN