123 N Lena Street

Estimated Monthly Payment: $7,760/mo 123 N Lena Street, Ridgway, CO 81432 MLS# 39071 Commercial Listing Status: Active
2
2,808 sqft
94
1
0
0

REMARKS:

The historic True Grit Cafe is a turnkey opportunity you can make your own! Located in the heart of Ridgway on the Goldbelt of Hartwell Park. This location is high traffic and well known by locals and tourists alike. True Grit was started in 1986 and has been an iconic restaurant in Southwestern Colorado ever since then. The cafe pays tribute to the ''old west'' with art and decor and in fact has been the center of the Old West Fest which has been held every autumn in Ridgway for several years (excluding 2020). This thriving business has a 7% cap rate and there is room for increase. Even with the covid pandemic, the loyal customer base has kept the restaurant profitable and the revised business model has even increased numbers and with less expense. True Grit offers not only dine in

OVERVIEW:

Commercial
Commercial Spaces
Active
None
Ridgway - 71 (Major Area 70)
1986
0.10
2808
None
On Street
City
Sewer

FEATURES:

Commercial Kitchen

ROOM INFO:

2
Office

FINANCIAL:

1600000
$5,560
2020

The data was last updated on 04/11/2021 4:19:00 PM

The data relating to the real estate on this web site comes from REALTORS who submit listing information to the Internet Data Exchange (IDX) Program of the Telluride Association of REALTORS, Inc. The inclusion of IDX Program data on this web site does not constitute an endorsement, acceptance, or approval by the Telluride Association of REALTORS of this web site, or the content of this web site. The data on this web site may not be reliable or accurate and is not guaranteed by the Telluride Association of REALTORS, Inc.
The IDX data on this web site is provided exclusively for the web site user's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the user may be interested in purchasing.

©Copyright 2018 by Telluride Association of REALTORS, Inc.
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
consent of the Telluride Association of REALTORS, Inc.

 

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Ponderosa Real Estate The Source for Real Estate and Kari Girard

 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Telluride Real Estate Corporation shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 The data was last updated on 04/11/2021 4:19:00 PM.

The data relating to the real estate on this web site comes from REALTORS who submit listing information to the Internet Data Exchange (IDX) Program of the Telluride Association of REALTORS, Inc. The inclusion of IDX Program data on this web site does not constitute an endorsement, acceptance, or approval by the Telluride Association of REALTORS of this web site, or the content of this web site. The data on this web site may not be reliable or accurate and is not guaranteed by the Telluride Association of REALTORS, Inc.
The IDX data on this web site is provided exclusively for the web site user's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the user may be interested in purchasing.

©2021 Telluride Association of REALTORS┬«. All rights reserved.

©Copyright 2018 by Telluride Association of REALTORS, Inc.
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
consent of the Telluride Association of REALTORS, Inc.