Gary Lee’s Motor Club and Grub has been a locals favorite bar and restaurant on busy South Broadway, one of Denver’s best bar and restaurant trade areas. The trade area offers an eclectic mix of taverns, restaurants, local retailers, and hip live music venues. This restaurant and bar for sale is the perfect size at 2,500 +/- SF plus a huge patio at no additional rent. The well equipped kitchen is capable of most menus with a 13 foot hood and walk in cooler. The under-market lease is currently at $14.76 per square foot, which is a steal in this prime central Denver location. There is an H & R liquor license with a hard to acquire dance cabaret endorsement that is capable of transfer. This is an excellent opportunity for an owner/operator to purchase the assets of a fully equipped bar and restaurant at the fraction of the original cost, not to mention the time and money saved in development. This bar and restaurant for sale in a great urban neighborhood is listed by Shawn Sanborn.
- Location: Denver / Boulder Metro
- Price: 229,000
- Status: Sold/Leased
- Reference Number: 10118
Facilities
- Square Footage (Building): 2,520 plus Large Patio
- Grease Trap: y
- Hood: 13'
- Liquor License: Hotel & Restaurant with Dance Cabaret Endorsement
Financials
- Rent: $3,100 per month - $14.76 per SF