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816 Main St 4,231 SF Vacant Retail Building Louisville, CO 80027 $2,722,044 CAD ($643.36 CAD/SF)
EXECUTIVE SUMMARY
Property Highlights:
- Owner will carry back $500,000 at 5% interest with a 2 year ballon.
- 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.
- Owner will carry back $500,000 at 5% interest with a 2 year ballon.
- 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
$2,722,044 CAD
Price Per SF
$643.36 CAD
Percent Leased
Vacant
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
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1575084-17-006 | Improvements Assessment | $343,521 CAD |
| Land Assessment | $114,177 CAD | Total Assessment | $457,697 CAD |
PROPERTY TAXES
Parcel Number
1575084-17-006
Land Assessment
$114,177 CAD
Improvements Assessment
$343,521 CAD
Total Assessment
$457,697 CAD
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816 Main St
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