17460 Cr 501

Description

A new opportunity is waiting for you! This property is like no other on the market. Nestled in the dramatic San Juan Mountains, this restaurant sits on the water at Vallecito Lake. The location is only part of why this would be a great investment opportunity. The restaurant is turn-key with assets in place, ready for an experienced operator to take it and run. It comes with a fully loaded kitchen, bar, dining room, office & storage space, enormous outdoor patio with a fire pit and two furnished upstairs apartments. Which are currently used as short-term rentals. A buyer could rent one or both apartment units to a restaurant manager or use them for themselves, or simply rent them as short or long-term use. The current owners completely renovated this circa 1968 building in 2018. They kept a large dose of local character and fixed all the big-ticket items from water well, septic system, flooring, electrical wiring throughout, ALL kitchen & bar equipment was updated in 2018, new Ansul system, renovated bathrooms, 4 new pellet stoves, replaced partial roof and the list goes on. The inventory is complete with furniture, fixtures, equipment in place, even down to the outdoor picnic tables for expanding the seating capacity in the summer months. A comprehensive list of kitchen and bar equipment is available. It is well suited not only as a fully functional restaurant and bar but also could host large group events, company retreats and reunions. Expanding the event and catering aspect would be a natural fit for this property. The established location is highly visible and easy to access. This is a unique and versatile property with endless expansion possibilities, such as adding a coffee shop, souvenir shop, wedding venue etc. Vallecito Lake has seen a resurgence of visitors in RVs, campers, hikers, fishermen and boating enthusiasts as well as the increasing local population.