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631 Main Street

Alamosa, CO 81101
  • $2,475,000
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 809396
UPDATED: 50 min ago
$2,475,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 5
    1/2 BATHS
  • 10,663
    SQFT
  • $232
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1897
County:
Area:

School Ratings & Info

Listing courtesy of Porter Realty, Inc.: 719-589-5899.


Description

**Turn Key Investment - All Real Estate and Business Assets included in this sale** The San Juan Building in the heart of downtown Alamosa, CO is a beautifully restored historic property that currently houses a cornerstone business in the region, as well as the local District Attorneys Office. Constructed in 1897, the building was remodeled with care and transformed into The San Luis Valley Brewing Company (Brewpub, circa 2006), and The ROAST Caf (coffee roastery and caf, circa 2014). The San Juan Building exudes quality and craftsmanship with a focus on providing highly functional and aesthetically pleasing spaces for tenants, patrons, and visitors of the building. The first floor is currently home to two popular, profitable, and fully operational food and beverage establishments: The ROAST Caf (2,663 sq. feet) and the San Luis Valley Brewing Company (4,108 sq. ft). The second floor is currently leased to the local District Attorneys Office and offers 4,000 sq. feet of additional space with elevator and stair access. Centrally located on a busy corner in the largest town in south-central Colorado (Main St. & San Juan Ave., Alamosa), the San Juan Building and business therein are well established and well respected. The property and spaces inside are a popular hub of activity for locals and visitor alike, and offer the discerning investor immediate income and room for growth. San Luis Valley Brewing Company Highlights: On the brink of celebrating 18 years of business, the San Luis Valley Brewing Company had earned a reputation as an anchor business for the Alamosa community and southern CO region. Its location at San Juan Ave. and Main St. has become branded "The Festival Street due to the variety of popular events and block partys the Brewery hosts. Cinco de Mayo, Rails & Ales Brewfest, SummerFest on the Rio, Fourth of July Block party, Alamosa Round-up Rodeo Dance and Street Party, Early Iron Carshow and Slow Cruise, and the Alamosa Search & Rescue Blockparty/Fundraiser are just a few of the community events the brewery has created or partners on. The Brewery is also a popular stop for tour groups and offers plentiful seating for the public (Occupancy, 155 people), as well as private dining and event space in the evening via the ROAST Caf (Occupancy: 55). Finally, with a Meheen bottling operation and a full line up of professional labels and six pack carriers, beer distribution can be pushed as far as a motivated investor/owner desires. The ROAST Caf Highlights: The Roast operates as a coffee roastery and breakfast-lunch caf from 7am-12noon daily and is available afternoons and evenings for private parties and events. The space is arguably one of the more upscale, refined, and aesthetically pleasing establishments in southern CO. While popular in the morning as a roastery-cafe, the space transforms effortlessly at night into a classy bar with wonderful ambiance for comedy nights, live music, private parties, and corporate gatherings. With an on-premise Deitrich Coffee Roaster, years of coffee recipe development experience, and professional packaging in place, coffee distribution is a lucrative piece of the ROAST Caf portfolio that has infinite room for growth. San Juan Building, Additional Attributes: The property location in downtown Alamosa, CO offers easy access to the Great Sand Dunes National Park, multiple 14,000 ft peaks, the regional airport, outstanding outdoor recreational activities, Adams State University, Trinidad State Junior College and the San Luis Valley Regional Medical Center. Alamosa and the surrounding areas also boast affordable housing, a laid-back pace of life, friendly community, beautiful natural surroundings, and business expansion opportunities.

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[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2023. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Western Slope Real Estate contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2023-12-02T16:56:24.773.
www.lovewhereyouliveco.com/homes/145354898
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631 Main Street Alamosa, CO 81101

  • Price: $2,475,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 50 min ago
  • MLS #: 809396
0
Beds
0
Baths
5
½ Baths
0.17
Acres
10,663
SQFT
$232
$/SQFT
1897
Built
Neighborhood:
Alamosa
County:
Alamosa
Area:
Alamosa
Property Description
**Turn Key Investment - All Real Estate and Business Assets included in this sale** The San Juan Building in the heart of downtown Alamosa, CO is a beautifully restored historic property that currently houses a cornerstone business in the region, as well as the local District Attorneys Office. Constructed in 1897, the building was remodeled with care and transformed into The San Luis Valley Brewing Company (Brewpub, circa 2006), and The ROAST Caf (coffee roastery and caf, circa 2014). The San Juan Building exudes quality and craftsmanship with a focus on providing highly functional and aesthetically pleasing spaces for tenants, patrons, and visitors of the building. The first floor is currently home to two popular, profitable, and fully operational food and beverage establishments: The ROAST Caf (2,663 sq. feet) and the San Luis Valley Brewing Company (4,108 sq. ft). The second floor is currently leased to the local District Attorneys Office and offers 4,000 sq. feet of additional space with elevator and stair access. Centrally located on a busy corner in the largest town in south-central Colorado (Main St. & San Juan Ave., Alamosa), the San Juan Building and business therein are well established and well respected. The property and spaces inside are a popular hub of activity for locals and visitor alike, and offer the discerning investor immediate income and room for growth. San Luis Valley Brewing Company Highlights: On the brink of celebrating 18 years of business, the San Luis Valley Brewing Company had earned a reputation as an anchor business for the Alamosa community and southern CO region. Its location at San Juan Ave. and Main St. has become branded "The Festival Street due to the variety of popular events and block partys the Brewery hosts. Cinco de Mayo, Rails & Ales Brewfest, SummerFest on the Rio, Fourth of July Block party, Alamosa Round-up Rodeo Dance and Street Party, Early Iron Carshow and Slow Cruise, and the Alamosa Search & Rescue Blockparty/Fundraiser are just a few of the community events the brewery has created or partners on. The Brewery is also a popular stop for tour groups and offers plentiful seating for the public (Occupancy, 155 people), as well as private dining and event space in the evening via the ROAST Caf (Occupancy: 55). Finally, with a Meheen bottling operation and a full line up of professional labels and six pack carriers, beer distribution can be pushed as far as a motivated investor/owner desires. The ROAST Caf Highlights: The Roast operates as a coffee roastery and breakfast-lunch caf from 7am-12noon daily and is available afternoons and evenings for private parties and events. The space is arguably one of the more upscale, refined, and aesthetically pleasing establishments in southern CO. While popular in the morning as a roastery-cafe, the space transforms effortlessly at night into a classy bar with wonderful ambiance for comedy nights, live music, private parties, and corporate gatherings. With an on-premise Deitrich Coffee Roaster, years of coffee recipe development experience, and professional packaging in place, coffee distribution is a lucrative piece of the ROAST Caf portfolio that has infinite room for growth. San Juan Building, Additional Attributes: The property location in downtown Alamosa, CO offers easy access to the Great Sand Dunes National Park, multiple 14,000 ft peaks, the regional airport, outstanding outdoor recreational activities, Adams State University, Trinidad State Junior College and the San Luis Valley Regional Medical Center. Alamosa and the surrounding areas also boast affordable housing, a laid-back pace of life, friendly community, beautiful natural surroundings, and business expansion opportunities.
Exterior Features

Carport No Lot Dimension 50 x 150 Property Description Corner Stories 2 Water Well No Waterfront YN No

Interior Features

Finished Sq Ft 10663 Furn Fixt Equip ALL One Quarter Baths 0 Total Offices 0

Property Features

Books Available Yes Cam No Cap Rate Percent 7 Covenants NO Current Use BarGeneral OfficeRestaurant Desc Of Business Brewery / Coffee / Office Exchange Trade No Fixtures Included Yes Gross Annual Expenses 806737 Gross Scheduled Income 1495000 Inventory Included Yes Lease Included Yes Net Operating Income 174003 New Construction YN No Owners Association No Possible Property Use Bar/LoungeGeneral OfficeRestaurant Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2022 Total Taxes 14269 Type Restaurant Vacancy Factor Prcnt 0 Variable Rate No Water Rights No Zoning Type Commercial

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2023. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Western Slope Real Estate contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2023-12-02T16:56:24.773.
 
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Western Slope Real Estate
1338 Grand Ave, Suite 313
Glenwood Springs CO, 81601
Listing courtesy of Porter Realty, Inc.: 719-589-5899.