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Mathers Bar & Night Club 420 Yampa Ave 12,500 SF 100% Leased Retail Building Craig, CO 81625 $1,099,795 CAD ($87.98 CAD/SF)

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INVESTMENT HIGHLIGHTS

Stand alone building that adjoins city parking lot. New patio in place. Established restaurant with full bar. Night club options for live music, etc.

EXECUTIVE SUMMARY

LISTING AGENT IS RELATED TO SELLER. This building brings a long history to the Craig, Colorado area. It was established in 1950 as Mathers Bar. It has since evolved from just a bar/nightclub to a place to bring friends and family for a social gatherings. A patio was recently added, just last year, to give even more variety in the way people come together. Building is owner occupied. (6000 sq.ft. of basement unfinished, used for storage. Could be made into another finished space with alley access.)

PROPERTY FACTS

Sale Type

Investment or Owner User

Sale Condition

Business Value Included

Property Type

Retail

Property Subtype

Restaurant

Building Size

12,500 SF

Building Class

Year Built/Renovated

1922/2019

Price

$1,099,795 CAD

Price Per SF

$87.98 CAD

Percent Leased

100%

Building Height

2 Stories

Building FAR

2.05

Lot Size

0.14 AC

Zoning

Commercial - Commercial Building in Downtown Craig,CO with adjoining City Parking Lot.

Parking

50 Spaces (4 Spaces per 1,000 SF Leased)

Frontage

150’ on Yampa Avenue

Courtyard
Restaurant

Signage
Skylights

Accent Lighting

Storage Space

ABOUT 420 YAMPA AVE , CRAIG, CO 81625

This building brings a long history to the Craig, Colorado area. It was established as in 1950 as Mathers Bar. It has since evolved from just a bar/nightclub to a place to bring friends and family for a social gatherings. The nightlife is crazy busy with new managers taking over in the last year! We offer Karaoke, DJ and plenty of celebration parties to attend. Corn Hole free play or weekly tournaments are set up in the full back bar (2 Full Bars). Pool tables, shuffleboard, JENGA and bringing more games in all the time. A patio was recently added, just 2 years ago, to give even more variety in the way people come together. Lots of potential with this property.