$1,350,000
$1,550,000
12.9%For more information regarding the value of a property, please contact us for a free consultation.
0.41 Acres Lot
SOLD DATE : 04/29/2022
Key Details
Sold Price $1,350,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4637315
Sold Date 04/29/22
HOA Y/N No
Originating Board recolorado
Year Built 1950
Annual Tax Amount $7,681
Tax Year 2020
Lot Size 0.410 Acres
Acres 0.41
Property Description
Keller Williams Commercial is pleased to represent this iconic property in the heart of Idaho Springs, CO. Wildfire Restaurant and Bar has been a thriving food services location right at the entrance to Idaho Springs. The property sits immediately at the off ramp to I-70 and is part of the traffic flow into the town. The building has a fully operating restaraunt and bar with indoor and outdoor seating, full kitchen, and storage. Liquor license included. This building has 7,000 SF of space along with 2 apartment units which can be converted to up to 6 perfect for an owner operator. The addition of the apartment units also allows for an offset of costs due to the rental revenue and can provide housing in a market where housing is scarce.
The restaurant space currently has a highly desirable outside patio area to serve patrons and this also brings in potential customers. There is also a large basement as part of the property perfect for storage. Located in an opportunity zone.
The county has the property listed at 5,754 SF, however appraisal has a breakdown as follows:
Restaraunt Area: 3,304
Living Quarters: 2,450
Basement: 1,200
Total: 6,954 SF
Location
State CO
County Clear Creek
Zoning c-2
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected, Phone Connected, Sewer Connected
Total Parking Spaces 21
Garage No
Building
Lot Description Historical District, Near Public Transit
Sewer Public Sewer
Water Public
Structure Type Block, Stone, Wood Frame, Wood Siding
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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11786 Shaffer Place Unit S-201, Littleton, CO, 80127