9TH DURANGO, CO 81301

Features

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Sale Type

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

Description

John M Wells, The Wells Group of Durango, LLC, C: 970-749-1440, johnw@wellsgroupdurango.com, wellsdurangorealestate.com: Priced below $248 per square foot PLUS the very functional basement This historic building space is located a block from Main Avenue in the heart of Durango. Its canopied entrance can be seen from Main Avenue making this an exceptional location for this fuly furnished (with a few exceptions) fine dining restaurant facility. The space, which was previously the Red Snapper Restaurant from 1985 until 2019, has had a recent remodel and refresh. All of the equipment, back of the house as well as the front of the house, is in very good condition. One could easily open for business with a short closing. This allows a restauranteur to be their own landlord. This property is now being offered as either a purchase, or a lease purchase or a lease at a rate of $6,000 per month NNNThere is an exhibition style front kitchen area that opens to the main dining room. There is also a private dining room and meeting room, and plenty of storage in the basement which is always important for an operation of this size. Seating is approved for over 100 patrons. The corner office is a luxury in the restaurant industry, yet a necessary space. Features include; upholstered booths, display case for wine, walk-in refrigerators, employee bathrooms and lockers, and patron access to mens and ladies restrooms upstairs.The restaurant can be utilized really for anything from a casual restaurant, breakfast, lunch or dinner or a combination of all three.The property does include 2 designated parking spaces and after hours the parking lot can be used by additional patrons.Seller will finance purchase to qualified buyer. Seller will consider lease/purchase.