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20245 US HWY 285
LA JARA, CO 81140
Asking Price
$550K
Asset Type
Restaurant Retail
Class
Class B
What's Special
Incredible commercial opportunity in Colorado’s San Luis Valley! <p><span style="color: rgba(0, 0, 0, 1)"> This 8,064 sq ft turnkey tavern/restaurant sits on a 3-acre lot with excellent visibility and access off Highway 285, just 14 miles south of Alamosa in La Jara, CO. This established neighborhood destination offers multiple income-generating possibilities with a spacious bar and dining area, large dance floor, and event-hosting capabilities. The restaurant features 2 pool tables, 2 pianos, 2 large TVs, and includes all tables, chairs, fixtures, and equipm
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NOI
$80,000
Cap Rate
14.55%
DSCR
2.45
Strong
Cash-on-Cash
28.70%
Monthly Payment
$2,721.1
Annual Cash Flow
$47,346.801