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Pearl Dragon 52 4th St 3,788 SF Retail Building Granby, CO 80446 $1,746,450 CAD ($461.05 CAD/SF)
Investment Highlights
- High Visibility property with strong traffic counts.
- Completely updated and permitted commercial kitchen making this asset truly turn-key.
- Strong business with NOI that far surpasses the average for the area.
Executive Summary
A freestanding downtown Granby building with a fully built out commercial kitchen, sold as real estate only, so the nest owner sets the strategy. Historically operated as a full-service restaurant, the property carries a complete kitchen line with hood system and grease-trap infrastructure already in place, which is the single most expensive and time-consuming hurdle for any food user to clear. A buyer steps in with that capital cost already absorbed. An upstairs apartment adds a second lever: owner-occupancy, staff housing, or supplemental rental income.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,788 SF
Building Class
C
Year Built/Renovated
1968/2020
Price
$1,746,450 CAD
Price Per SF
$461.05 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.36 AC
Zoning
Mixed Use - Live work potential
Parking
20 Spaces (5.28 Spaces per 1,000 SF Leased)
Amenities
- Tenant Controlled HVAC
- Air Conditioning
- Smoke Detector
Not walkable
10/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | R090180 | Improvements Assessment | $119,555 CAD |
| Land Assessment | $23,933 CAD | Total Assessment | $143,488 CAD |
Property Taxes
Parcel Number
R090180
Land Assessment
$23,933 CAD
Improvements Assessment
$119,555 CAD
Total Assessment
$143,488 CAD
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Pearl Dragon | 52 4th St
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