Ken Van Skiver - Coldwell Banker Distinctive Properties

Description

Family owned & operated restaurant for nearly 55 yrs. Large addition was added in 1988 expanding kitchen & dining areas. Building was upgraded in 1988 including matching stucco for the entire building, kitchen floor (2 yrs), new shingles (10 yrs), & dual paned windows (approx 8 yrs). Paved parking area accommodates handicapped. Just recently closed 3/6 for health reasons. If driving east on Hwy 94 from Ellicott, closest restaurant is 89 mi away in Kit Carson. The trade area is rather large, taking in portions of rural El Paso, Elbert and Lincoln counties. Perhaps this is why the restaurant had been in business all these years. Two rental mobile homes located on adjoining property included. Seller will lease mobile home spaces to Buyer for 10 yrs for a very minimal fee. Buyers will receive titles to mobiles & all the rent. This should be pretty close to a turn-key operation except for the food items & cooking supplies. A lot of possibilities & much to be considered here. Come see.

Details

MLS#9039479
StyleIndustrial
Sub-TypeResale
StatusActive
Year1970
Days On Site243

Features

SQ Feet2,906
Story(s)1
ZoningA-35

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Area Information

StateCO
CountyEl Paso
CityRush
Zip Code80833
AreaEl Paso
Listing VS Median (in 80833)
Price:
$175,000
low | high
Med:
$108,750
87.857142857143% of Average
SqFt:
2,906
low | high
Med:
1,453
100% of Average
$ / SqFt:
$60
low | high
Med:
$30
100% of Average
On Site:
243
low | high
Med:
227.5
100% of Average
Listing Updated: 11/15/2018
MLS Number: 9039479
Listing Provided By:
K EDWARD KOVITZ  of  ED KOVITZ ASSOCIATES LLC
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