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**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 Attorney’s 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 Café (coffee roastery and café, 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 Café (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 Attorney’s 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. It’s location at San Juan Ave. and Main St. has become branded “The Festival Street” due to the variety of popular events and block party’s 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 Café (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 Café Highlights: The Roast operates as a coffee roastery and breakfast-lunch café 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 Café 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.
View full listing detailsPrice: | $2,475,000 |
Address: | 631 Main Street |
City: | Alamosa |
County: | Alamosa |
State: | Colorado |
Zip Code: | 81101 |
MLS: | 809396 |
Year Built: | 1897 |
Square Feet: | 10,663 |
Acres: | 0.170 |
Lot Square Feet: | 0.170 acres |
Bathrooms: | 5 |
Half Bathrooms: | 5 |
area: | Alamosa |
brandedVirtualTour2: | https://my.matterport.com/show/?m=SmuqzaNWDNa |
brandedVirtualTour3: | https://my.matterport.com/show/?m=TvSe4m6R2Ew |
camYN: | no |
capRatePercent: | 7 |
carportYN: | no |
covenantsYN: | no |
currentPropertyUse: | General Office, Restaurant, Bar |
descOfBusiness: | Brewery / Coffee / Office |
finishedSf: | 10663 |
fixturesIncluded: | Yes |
furnFixtEquip: | ALL |
furnished: | Furnished |
grossAnnualExpensesPrice: | 806737 |
grossScheduledIncomePrice: | 1495000 |
internetProvider: | Charter Spectrum |
internetServiceYN: | Yes |
inventoryIncluded: | Yes |
leaseIncluded: | Yes |
lotDimension: | 50 x 150 |
netOperatingIncomePrice: | 174003 |
newConstructionYN: | no |
numFloors: | 2 |
ownersAssociationOa: | No |
parcelIdNum: | 541310224020 |
possiblePropertyUse: | Bar/Lounge, General Office, Restaurant |
propertyDescription: | Corner |
railroadSiding: | No |
realEstateForSale: | Yes |
reoLenderOwned: | no |
saleRent: | For Sale |
shortSale: | no |
specialAssessmentYN: | no |
taxYear: | 2022 |
totalTaxesPrice: | 14,269 |
totalUnits: | 3 |
waterFront: | No |
waterRightsIrrig: | No |
waterWell: | No |
zoningOther: | Commercial |