2405 East Pikes Peak Avenue is aretail property for lease in Colorado Springs, CO.
FOR SALE: Maggie Mae’s Restaurant - $625,000, which is what the Seller paid to purchase the property years ago! This is a 5,501 square foot, currently-operating restaurant on a 30,498 sf lot. It’s located in the heart of Colorado Springs & appeals to a wide variety of working-class & professional people and has had a general appeal to Olympic athletes who are housed at the OTC. (The sale of the FF&E is negotiable and would be in addition to the real estate sale price).
The restaurant seats nearly 200 and has been profitable from the 1st day. There is a bar operation with a transferable liquor license. This is a great opportunity for the right buyer to step-into an operating business with immediate profit. It’s only for sale because the seller is relocating. The property is zoned PBC, so alternatively if running a restaurant ain’t your thing, this building could be used for a variety of other uses; trade school; play-school; alternative school, office; retail, church, etc. Property taxes run about $10,000 and your insurance cost would be determined by your final use of the facility.
For a private showing and all the confidential financial details,
Call Tim Leigh or RD Trinidad at 719-630-2277.
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