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    351 Market Street

    Basalt, CO 81621
    • $8,327
    • STATUS: Active
    • ON SITE: 213 days
    • MLS #: 163197
    UPDATED: 54 min ago
    $8,327
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,855
      SQFT
    • $3
      $/SQFT
    Neighborhood:
    Type:
    Commercial-Lease
    Built:
    2013
    County:

    School Ratings & Info

    Description

    Become part of the buzz down valley! Beautifully built-out and nostalgically remembered, the Wienerstube is a great opportunity for someone to takeover a successful business or start a new concept. The custom wood tables, handmade beams, and the ambient atmosphere create a space waiting to be appreciated and enjoyed. The price is $725,000 to takeover an existing lease, goodwill and all the FF&E. The total gross rent is approximately $11,000 per month (with small Base Rent increases only every 5 years) plus tenant pays all separate utilities. The Lease expires in August 2023, plus three 5-year options to extend. Tenant will pay percentage rent of 6% over $1,000,000 gross sales for each year of the option terms.

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    © 2020 Aspen/Glenwood MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Aspen Snowmass | Sotheby's International Realty.

    Data last updated: 2020-09-20T18:38:38.1.
    www.searchrealestateaspen.com/homes/103362214
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    351 Market Street Basalt, CO 81621

    • Price: $8,327
    • Status: Active
    • Updated: 54 min ago
    • MLS #: 163197
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,855
    SQFT
    $3
    $/SQFT
    2013
    Built
    Neighborhood:
    Willits
    County:
    Pitkin
    Area:
    05-Basalt Proper
    Property Description
    Become part of the buzz down valley! Beautifully built-out and nostalgically remembered, the Wienerstube is a great opportunity for someone to takeover a successful business or start a new concept. The custom wood tables, handmade beams, and the ambient atmosphere create a space waiting to be appreciated and enjoyed. The price is $725,000 to takeover an existing lease, goodwill and all the FF&E. The total gross rent is approximately $11,000 per month (with small Base Rent increases only every 5 years) plus tenant pays all separate utilities. The Lease expires in August 2023, plus three 5-year options to extend. Tenant will pay percentage rent of 6% over $1,000,000 gross sales for each year of the option terms.
    Exterior Features

    Access Paved Construction Poured ConcreteSteel/Metal Extras Handicap AccessLandscaped Location Amenities High Traffic LocHigh Visibility Parking Area Street Parking Roof Metal Substructure Slab

    Interior Features

    Building Sq Ft 9669.00 Heating And Cooling Air Conditioning Unit Sq Ft Range 2001 - 3000

    Property Features

    Allowable Uses Restaurant/BarRetail Amenities Bus/Shuttle Service Annual Cam Per Sq Ft 0.00 Annual Ins Per Sq Ft 0.00 Annual Tax Per Sq Ft 0.00 Business Name Wienerstube Condition Excellent Condominiumized Yes Current Use Restaurant Documents On File Leases Electric Yes Foreclosure No Gas Natural Gas Inventory Yes Major Area Basalt Mineral Rights No Occupant 5+ YearsEscalationsOption To RenewTenant Occupied Possession Negotiable REO No Sanitation Community Security Deposit 20000.00 Short Sale No Tax Year 2019 Tenant Pays Association FeesBuilding InsuranceDepositElectricExterior MaintenanceGasInterior MaintenanceProperty TaxesSewerTrashWater Tenant Pays1 Rent + Cams Terms Offered Cash Total Expenses Per Year 0.00 Type Leasehold Type Of Lease Nnn Under Construction No Units 1 - 5 Units Water Community Water Rights No Year Remodeled 2018.00 Zoning Commercial

    Listing provided courtesy of Setterfield & Bright. Listing information © 2020 Aspen/Glenwood MLS. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.
    © 2020 Aspen/Glenwood MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Aspen Snowmass | Sotheby's International Realty.

    Data last updated: 2020-09-20T18:38:38.1.
     
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