Lakewood, Colorado (Jefferson County)

Asking Price: $649,995   

NOI: $39,975

Cap Rate: 6.15%

Property Type: Retail

GLA: 2,048

Year Built: 1954

Renovated: 2017

Land Area: 0.28 AC

Zoning: Commercial


Business Description

Terrific investment opportunity! This is your opportunity to purchase an iconic property on West Colfax in Lakewood. The site has been a profitable Tavern for more than 50 years. During that time, NEVER has it been vacant! 3 year lease in place with annual increases of 4%. Tenant has two three-year options to extend the lease at “market-rate.” Recent upgrades in both interior and exterior finish. A restaurant was added 5 years ago, increasing value and revenue.


For more information please contact:

Michael Nuanes

7651 Shaffer Parkway Suite B2

Littleton, Colorado 80127

Telephone: (303) 472-3703

Email: [email protected]