710 Harrison Avenue

    Leadville, CO 80461
    • $695,000
    • STATUS: Active
    • ON SITE: 49 days
    • ID#: 4259852
    $695,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 4,790
      SQFT
    • $145
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1888
    County:
    Area:

    School Ratings & Info

    Offered by First Colorado Land Office, Inc..

    Description

    Incredible opportunity to own a historic restaurant in the booming mountain town of Leadville! Established in 1938, the iconic Golden Burro is the 3rd oldest continuously operating restaurant in CO and has been featured in every major national newspaper. Located in Leadville's National Historic District and on a prime section of Harrison Ave. with extremely high visibility for traffic from the I-70 corridor. Seating for 110 and the largest commercial kitchen in Leadville. Gross income $700-800k with huge potential for growth/expansion. Owners have scaled back business in recent years, but service in the past has included dinner hours, a bar/saloon, banquet/event space, and catering. Past revenues of $1.2 million - the sky's the limit! Near Ski Cooper, the Mineral Belt Trail, and Colorado's highest 14ers. Leadville is one of the "last frontiers" for real estate investment in CO. Priced well below estimated market value. This is your chance to own a piece of history in the mountains!

    Monthly Payment Calculator



    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than 5281 Exclusive Homes Realty are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2019 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    www.5281exclusivehomes.com/homes/97436336

    710 Harrison Avenue Leadville, CO 80461

    • Price: $695,000
    • Status: Active
    • ID#: 4259852
    0
    Beds
    2
    Baths
    0
    ½ Baths
    0.18
    Acres
    4,790
    SQFT
    $145
    $/SQFT
    1888
    Built
    Neighborhood:
    Downtown Leadville
    County:
    Lake
    Area:
    Leadville
    Property Description
    Incredible opportunity to own a historic restaurant in the booming mountain town of Leadville! Established in 1938, the iconic Golden Burro is the 3rd oldest continuously operating restaurant in CO and has been featured in every major national newspaper. Located in Leadville's National Historic District and on a prime section of Harrison Ave. with extremely high visibility for traffic from the I-70 corridor. Seating for 110 and the largest commercial kitchen in Leadville. Gross income $700-800k with huge potential for growth/expansion. Owners have scaled back business in recent years, but service in the past has included dinner hours, a bar/saloon, banquet/event space, and catering. Past revenues of $1.2 million - the sky's the limit! Near Ski Cooper, the Mineral Belt Trail, and Colorado's highest 14ers. Leadville is one of the "last frontiers" for real estate investment in CO. Priced well below estimated market value. This is your chance to own a piece of history in the mountains!
    Exterior Features

    Construction Materials Brick Construction Methods Brick Lot Depth 155.00 Lot Width 50.00 Parking Off-Street (2 Spaces) Parking Total Searchable 2 Road Surface Paved Road Roof Rolled Roofing Site Features Historical DistrictNear Public TransitNear Ski Area Structural Style Ranch/1 Story Style Characteristics Low Rise (1-3) View City View

    Interior Features

    Basement Floor Type Crawl Space Basement Size None Cooling Ceiling FanEvaporative Cooler (Swamp) Flooring CarpetTile FloorVinyl/Linoleum Heating Forced Air Heating Fuel Gas Interior Features Internet Access (Wired)Private BathroomsSecurity SystemShowroom AreaSmoke FreeUtility Sink Other HVAC Gas Water Heater Sq Ft Above 4790 Sq Ft Finished 4790

    Property Features

    Annual Expense Actual 615000 Annual Expense Proj 1130000 Annual Income Actual 695000 Annual Income Proj 1300000 Annual Net Income Actual 80000 Annual Net Income Proj 170000 Building Area Source County Records Business Type Bar/TavernRestaurant Capitalization Rate 11.50 Features Fire AlarmFixtures/Equipment IncludedRestaurant Is Incorporated YN Yes Listing Financing CashConventionalExchange Owner Paid Utilities ElectricityGasInsuranceInternetPhoneProperty TaxTrashWater Reports Available Legal DescriptionLicense IncludedP And L AvailableProfit/Loss StatementUtility Average Seller Type Individual Tax Amount 5710.00 Tax Year 2018 Transaction Type For Sale Zoning Rc

    Listing courtesy of First Colorado Land Office, Inc.: MLS #4259852


    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than 5281 Exclusive Homes Realty are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2019 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
    5281 Exclusive Homes Realty
    3222 S Vance St. Suite 240
    Lakewood CO, 80227
    Offered by First Colorado Land Office, Inc..