Hotchkiss, CO 81419,721 E Bridge Street

$750,000

Est. payment /mo

$750,000

Est.Price: ?

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721 E Bridge Street Hotchkiss, CO 81419

3 Baths

4,442 SqFt

SOLD DATE : 10/24/2022

Key Details

Sold Price $750,000

Property Type Commercial

Sub Type Restaurant

Listing Status Sold

Purchase Type For Sale

Square Footage 4,442 sqft

Price per Sqft $168

MLS Listing ID 795501

Sold Date 10/24/22

Full Baths 1

Half Baths 2

Year Built 1939

Annual Tax Amount $3,986

Tax Year 2020

Lot Size 1.000 Acres

Acres 1.0

Property Description

Zack's is the down-home restaurant known in Hotchkiss and throughout the Western Slope for their apple-wood smoked barbecue and homestyle food. Now offered for sale, Zack's has an outstanding income history and a long tradition of providing excellent fare at affordable prices. The restaurant is offered with the real estate on 1.35 acres, parking lot, and all furniture, fixtures, and equipment. In addition, the upstairs 1-bedroom apartment offers affordable housing for a manager or key employee. The grounds are in immaculate shape; the dining room has new lighting, fixtures, and flooring; the kitchen is sparkling clean. Prospective buyers who sign a non-disclosure agreement will be astounded at the books. This property is a money-maker that thrived during the CoVid shutdowns, as they turned to offering take-out with limited dining room hours and sometimes had to take the phone off the hook because they couldn't handle any more takeout orders. In addition, the owners are willing to offer a long-term lease for the party pavilion on 6 acres behind the restaurant. The lawn is spotlessly maintained and mowed, and they've hosted large classic car shows, weddings, special events, banquets, and family get-togethers with the venue that seats over 240 people. It has its own bathrooms, outdoor kitchen, cold storage, beer keg service, and solid aluminum picnic tables. They have also catered for groups as large as 450 people and are currently booked for the summer season. This business and real estate is affordably priced and positioned to produce an outstanding income stream for years to come.

Location

State CO

County Delta

Interior

Heating gas

Equipment included

Furnishings Unfurnished

Exterior

Waterfront No

Building

Story 2

New Construction No

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Colorado Real Estate Network (CREN) + Sold
Listed by United Country Colorado Brokers, Inc.

Linette Nye Schmidt

Broker Associate | License ID: FA.100086260

+1(719) 588-1636

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