• Year Built: 1959
39810 Co-94 is aspecial purpose property for lease in Rush, CO.
The "Rush Cafe" has been a family business for over 50 years. The cafe was built in 1959. In 1962 it pass on to other family members where in 1985 the current owner took over under a lease arrangement and buying it in 1986. In 1988 the restaurant was expanded.
Today the Family has or will be retiring and the very successful "Rush Cafe" is going to be sold.
This is a fully functional restaurant and all FF&E is included.
The price of $300,000 boasts a CAP rate of 20%.Tax returns will be furnished upon contract offers. Rush, Colorado is approximately 45 minutes East of Colorado Springs.
We invite you to come out for lunch and experience the Community atmosphere.
"The rest of the story" We have added the adjoining parcel which include two (currently rented) trailer homes. These are producing additional income that adds to the CAP rate. If a new owner would like to stay on site, this might provide the perfect opportunity?
Please describe your commercial real estate requirements. We’ll introduce you to local properties that match your criteria.