52 4th Street
52 4th Street
52 4th Street
52 4th Street
52 4th Street
52 4th Street
52 4th Street
52 4th Street
52 4th Street
52 4th Street
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For Sale

52 4th Street

52 4th Street, Granby, CO 80446

$1,700,000
The Pearl Dragon restaurant, owned & operated by the Long Family since 2004, is available for purchase to an aspiring owner/operator. This offering includes both the restaurant business and the iconic downtown Granby building, and is SBA financeable.

For the right buyer, the business may be purchased separately with a 5-10 year lease. Please contact listing agent for more details.

Pricing Breakdown

Business: $600,000 (with great financials)
Building: $1.1M (based on a cap rate of 7%)
Combined: $1.7M The Pearl Dragon has adapted its operations to focus on take-out service, maintaining its commitment to serving the community with fantastic cuisine, following COVID. While the dine-in service has been temporarily adjusted, the potential to open the dining room for food and alcohol sales is available with limited effort.

The Long family has invested over $500,000 in improvement to the building, infrastructure, hood and kitchen. Detail receipts are available upon request. Some of the improvements include a new roof, heating and cooling system, windows, complete interior remodel, new kitchen equipment, new bathrooms for patrons, kitchen flooring and updates to the attached 1 bedroom 1 bath apartment above the restaurant. Additional storage is also available in the 24 x 32 ft garage/storage building.

As Pearl Dragon approaches its 20th anniversary, the Long Family is ready to move on expresses profound gratitude to the community for unwavering support throughout the years.

Tours, financials, and additional details are available to qualified buyers.

1
bed

4
baths

3,713 Sq.Ft. LIVING AREA

0.36 Acres lot

Nancy Dulac

Nancy Dulac

John Sanderson

John Sanderson

Features & Amenities

Interior

  • total bedrooms1
  • Total bathrooms4

Area & Lot

  • Status For Sale
  • Living Area3,713 Sq.Ft.
  • Lot Area0.36 Acres
  • MLS® ID24-532
  • TypeCommercial
  • YEAR BUILT1945
  • NeighborhoodGranby
  • Architecture StylesNOT APPLICABLE

Exterior

  • Garage Space1.0
  • HEAT TYPEForced Air

Financial

  • Sales Price$1,700,000
  • Real Estate Tax $5,340/yr
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Schedule a Showing

I would love to show you my beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Schedule a Showing

I would love to show you my beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.
Thank you for your interest in 52 4th Street, Granby, CO 80446. We are reviewing your request and will be in touch shortly!

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Granby

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