Glenwood Springs Real Estate

Listed at $14.50
Location: Glenwood
Type: Leasehold
MLS: 167240
Acres: 0.25
Built in 1950

11,000 SF corner lot, 9180 total SF and an additional 2000 SF of patio space. Ideal location, commercial core, high traffic, I-70 visibility, big windows and garage doors that open to patio, 70' floor drain. Short walk to both Hot Springs, Hotel Colorado, Adventure Park and other retail, restaurants, hotels. 15 beer taps, walk-in beer cooler, partially built commissary kitchen, 6 offices, plus LOTS of storage, and tall ceilings in the back. Current occupancy is 74 people inside front finished part of building and seating for approx 120 people on patio, with an additional 4500 SF unfinished available to build out. 3 year initial lease with 2 x 5 year options. $9,500/mo plus NNN ($1600/mo) and % of sales profits = $14.50 SF + profit sharing. All FF&E is negotiable.