123 N Lena StreetRidgway, CO 81432MLS Number 39071

  • Price: $1,550,000
  • 209 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 2.8% last updated on Jul 29, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Active
123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432123 N Lena Street Ridgway CO 81432
QR Code
  • 0Acreage
  • 2Bathrooms
  • 1986Year Built
  • 2,808Square Feet
The historic True Grit Cafe is a turnkey opportunity you can make your own! Located in the heart of Ridgway on the Goldbelt of Hartwell Park. This location is high traffic and well known by locals and tourists alike. True Grit was started in 1986 and has been an iconic restaurant in Southwestern Colorado ever since then. The cafe pays tribute to the ''old west'' with art and decor and in fact has been the center of the Old West Fest which has been held every autumn in Ridgway for several years (excluding 2020). This thriving business has a 7% cap rate and there is room for increase. Even with the covid pandemic, the loyal customer base has kept the restaurant profitable and the revised business model has even increased numbers and with less expense. True Grit offers not only dine in
Listed by Kari Girard of Ponderosa Real Estate The Source for Real Estate

Ask A Question

Do not fill in this field:

More Info

Basic Information

  • Business InclusionsBooks, Clients List, Fixtures Included, Inventory, Management, Name, Other
  • Units1

Building

  • Extra RoomsOffice
  • Half Baths2
  • LevelStreet Level
  • SubstructureOther
  • Year Built1986

Utilities

  • Common UtilitiesRegular Phone
  • ElectricPower Company
  • GasNatural
  • Primary HeatForced Air, Gas
  • SanitationSewer
  • Utility Info Phone LinesRegular Phone
  • Utility Info Primary HeatForced Air
  • WaterCity

Parking

  • Open Area ParkingOn Street Only
  • ParkingOn Street

Location

  • AreaRidgway - 71 (Major Area 70)
  • CountyOuray County
  • DirectionsTake Sherman Street (Hwy 62) to Lena Street and turn north to property.
  • Major Area70
  • Special LocationNone
  • TownRidgway

Amenities

  • Appliances IncludedCommercial Kitchen

Other

  • View Count67

Basic Information

  • Bathroom2
  • Date Listed01/07/2021
  • DisclosuresNone
  • List Price$1,550,000
  • MLS Number39071
  • Property TypeCommercial
  • Source Sq FtAssessor
  • Square Feet2,808
  • StatusACT
  • Tax Year2020
  • Taxes$5,560
  • TypeCommercial Spaces

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: