Building Details:
This stand alone restaurant and bar is available for sale in an up and coming neighborhood identified as an Opportunity Zone. This gives the investor the unique opportunity to obtain tax benefits under different scenarios including a 1031 Exchange and longevity of investment. The building has been newly renovated and has both indoor and outdoor seating for year round entertainment. Included with the business is a transferable liquor license, and all furniture, fixtures, and equipment. This investment opportunity is located on a visible corner lot, in the Westwood Cultural District, on Morrison Rd in Denver Colorado. Morrison Rd is the connection between two busy throughways, West Alameda Ave and Sheridan Blvd. The transformation of Morrison Rd corridor into a linear marketplace embracing vibrant and dynamic public spaces is top priority for the neighborhood development plan, and being spearheaded by BuCuWest. Planned improvements will bring $12.24 Million in city bond funds to enhance the streetscape in the area, increasing both automobile and foot traffic.
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- Lance Somerville, agent and Rofo Pro
