351 Market Street

Basalt, CO 81621

About this property

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.

Date Listed
February 19, 2020
Listing Status
Active
Days On Site
253
MLS#
163197

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
Commercial
Style
IQWeb_
Sub-Type
Lease
Year
2013
Garage
0
Pool
No
Story(s)
0
Property View
No
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$35 Active
0 Beds
0
Baths
9,669 SQFT

Presented By Coldwell Banker Distinctive Properties, Telluride

Telluride

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Brokerage
Telluride
(970) 728-4454
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Area Information

Basalt | Pitkin County |

$ 35
This listing is play_arrow 100.0% lower than the average in the area
$ 999,995 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
253 days on site
This listing is play_arrow 90.2% above the average in the area
133 days on site in the area

Schools in the Area

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