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816 Main St 4,231 SF 100% Leased Retail Building Louisville, CO 80027 $2,250,000 ($531.79/SF)
EXECUTIVE SUMMARY
Property Highlights:
- Prime Location: Situated in the heart of downtown Louisville, surrounded by vibrant restaurants, bars, and shops.
- Historic Charm: Originally home to Colacci’s Italian restaurant, later transformed into the Empire Lounge and Restaurant.
- Turnkey Opportunity: Fully equipped for restaurant operations, offering a seamless transition for a new owner.
- Strong Community Presence: A beloved local establishment with a rich history and loyal customer base.
- Investment Potential: Ideal for restaurateurs, investors, or entrepreneurs looking to establish a presence in a thriving commercial district.
- Prime Location: Situated in the heart of downtown Louisville, surrounded by vibrant restaurants, bars, and shops.
- Historic Charm: Originally home to Colacci’s Italian restaurant, later transformed into the Empire Lounge and Restaurant.
- Turnkey Opportunity: Fully equipped for restaurant operations, offering a seamless transition for a new owner.
- Strong Community Presence: A beloved local establishment with a rich history and loyal customer base.
- Investment Potential: Ideal for restaurateurs, investors, or entrepreneurs looking to establish a presence in a thriving commercial district.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,231 SF
Building Class
C
Year Built
1957
Price
$2,250,000
Price Per SF
$531.79
Percent Leased
100%
Building Height
1 Story
Building FAR
0.81
Lot Size
0.12 AC
Zoning
CC, Louisville - Restaurant - Commercial Community
Parking
3 Spaces (0.71 Spaces per 1,000 SF Leased)
Frontage
36’ on Main St
AMENITIES
- Restaurant
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Empire Lounge & Restaurant
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Empire Lounge & Restaurant | Retailer | - | - | - |
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1575084-17-006 | Improvements Assessment | $243,459 |
| Land Assessment | $80,919 | Total Assessment | $324,378 |
PROPERTY TAXES
Parcel Number
1575084-17-006
Land Assessment
$80,919
Improvements Assessment
$243,459
Total Assessment
$324,378
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816 Main St
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