1413 E Main St. Montrose, Colorado 81401

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1 1413 E Main St COMMERCIAL INFORMATION SALE PACKET John Renfrow * Joey Huskey Renfrow Realty Member of: Page 1

Executive Summary The RED BARN - Own a Piece of History! 1413 E Main St. $449,888 Excellent Location for Your Restaurant or Business! 5,745 sq.ft. (MOL) iconic restaurant/building on East Main St.

Local artist Robert DeJulio painted many of the signs for the set, which still hang in the bar.

2 Executive Summary The RED BARN - Own a Piece of History! 1413 E Main St. $449,888 Excellent Location for Your Restaurant or Business! 5,745 sq.ft. (MOL) iconic restaurant/building on East Main St./Hwy 50. Originally opened in 1967, the Red Barn is a piece of Montrose history! In its early days, it was the watering hole for the cast of True Grit. Local artist Robert DeJulio painted many of the signs for the set, which still hang in the bar. Purchase includes trade name, current inventory (contact listing broker for complete list), and all of the local lore and memories that the Red Barn holds. Restaurant seats 192 patrons. Zoned B-2 in the City of Montrose. High-traffic count with 16,000+ daily vehicles; highly visible signage. Large paved parking lot. Great location for your business. Contact John Renfrow or Joey Huskey at (970) Page 2

3 Aerial Photo c c Subject property Page 3

4 Directions to Property Starting from Renfrow Realty at 1832 South Townsend Ave., Montrose, CO Office number (970) Page 4

5 Current Floor Plan* Main Floor/Restaurant Basement Upstairs Office *Dimensions are approximate, not drawn to scale. Page 5

6 Photos: Bar Area Page 6

7 Photos: Dining Room Page 7

8 Photos: Kitchen/Bakery Walk-in refrigerator has a new compressor Page 8

9 Photos: Kitchen Page 9

10 Photos: Upstairs Office Photos: Basement Page 10

Learning about Red Barn s Legacy (Montrose Daily Press, January 4, 2015) The dining area serves up what everyone comes for tradition and a feel for the Old West and that

Red Barn a Popular Spot for Dining Out The Red Barn Restaurant, once the landmark dining establishment in Montrose, is on the cusp of a new life, if realtor John Renfrow

It became the evening watering hole for the cast members during the productions of the 1969-released movie True Grit, starring John Wayne, Glen Campbell and Kim Darby.

11 Learning about Red Barn s Legacy (Montrose Daily Press, January 4, 2015) The dining area serves up what everyone comes for tradition and a feel for the Old West and that is the historic aura of Montrose s past and the spirit of The Duke who drank at the bar. Red Barn a Popular Spot for Dining Out The Red Barn Restaurant, once the landmark dining establishment in Montrose, is on the cusp of a new life, if realtor John Renfrow has his way. The nostalgic eatery for at least two generations is poised for rebirth. Opened in 1967, The Red Barn was the place to dine and to be seen. It became the evening watering hole for the cast members during the productions of the 1969-released movie True Grit, starring John Wayne, Glen Campbell and Kim Darby. There was a time when people would wait three hours for a table at The Red Barn, said previous owner Ted Nelson. You realize when it was built, it was located on the edge of town. It was the place to go. (To read the full article, please call the office for a reprint.) Page 11

He builds on the historic, western foundation that gave the restaurant its popularity for over 45 years with The Barn an

12 A Future Look: The Barn The redesign potential for the establishment is endless. One concept was already engineered by local architect James Dooley. He builds on the historic, western foundation that gave the restaurant its popularity for over 45 years with The Barn an enhanced redesign of the exterior and improvements to the floor plan.* *Conceptual design and prints available upon request. DESIGN STUDIO James E. Dooley 1811 Pavilion Dr., Ste. 305 Montrose, CO (970) Page 12

13 A Future Look: The Barn s revised floor plan proposes increased seating capacity by more than 50 additional seats, with an outdoor patio and extended bar area.* *Conceptual design and prints available upon request. DESIGN STUDIO James E. Dooley 1811 Pavilion Dr., Ste. 305 Montrose, CO (970) dooleyjim22@yahoo.com Page 13

14 Improvement Survey Plat Mesa Surveying Associates Inc. (970) August 26, 2014 Page 14

Montrose County Assessor Property Account Detail* Account: R0650472 Owner Information Owner Name JACKSON ROBERT D Account Detail Legal Description Version End MAX Parcel Number 3767-224-07-015 Tax

15 Montrose County Assessor Property Account Detail* Account: R Owner Information Owner Name JACKSON ROBERT D Account Detail Legal Description Version End MAX Parcel Number Tax Area Id Estimate Tax Information Tax Year Taxes 2017 $8, Situs Address 1413 E MAIN ST City MONTROSE Legal Summary Subd: BELVEDERE HEIGHTS SUBD Lot: 13 DESC BY M/B BK 1020 PG 48 S: 22 T: 49 R: 9 Actual Year Built 1967 Assessment Information Actual (2017) $423,870 Assessed $122,930 Tax Area: Mill Levy: Type Actual Assessed Acres SQFT Units Improvements $239,400 $69, Land $184,470 $53, *For more information please contact the Montrose County Assessor at (970) Page 15

16 City Zoning Map Subject property is zoned B-2 in the City of Montrose B-2 zoning includes regulations for B-2 as well as uses by right for B-1 Regulations are on the following page Contact City of Montrose for more information (970) Page 16

17 Zoning Breakdown* B-2 Highway Commercial District : "B-2" HIGHWAY COMMERCIAL DISTRICT (A) Intent: The B-2" Highway Commercial District is intended to provide for business oriented toward serving the vehicular customer. This District provides for the convenient exchange of goods and services along the major thoroughfares of the City. (B) Uses by Right: (1) Those listed in the B-1" District as uses by right. (2) Coin-operated laundries. (3) Bowling alleys. (4) Drive-in restaurants. (5) Convenience food stores. (6) Car washes. (7) Child care facilities. (8) Rental storage units with a maximum rental unit size of two hundred (200) square feet. (9) Veterinary clinics or hospitals for small animals. (10) Nursing homes, sanitariums, and hospitals, including those for the mentally ill. (11) Retail building material supply businesses. (C) Conditional Uses: (1) Those conditional uses listed for the B-1" District. (2) Travel home parks. (3) Retail stores, business and service establishments serving the general public but which also involve limited manufacturing of the products supplied. (D) The following uses are not to be construed as a use by right or conditional use in the B-2" Highway Commercial District: (1) Feed storage and sales establishments. (2) Farm implement sales or service establishments. (3) Veterinary clinics or hospitals for large animals. (4) (Rep. By Ord. 1188, ) (5) Construction and contractor s equipment storage facilities. (6) Machine and welding shops. (7) Above ground storage facilities for hazardous fuels. (8) Manufacturing and industrial uses except as allowed by Subsection (C)3. (9) Storage facilities (small rental storage units are allowed see Section (B)8. (E) Performance Standards: No use shall be established, maintained or conducted in any B-2" Highway Commercial District that will result in any public or private nuisance : "B-1" CENTRAL BUSINESS DISTRICT (B) Uses by Right: (1) Retail stores, business and professional offices and service establishments which cater to the general shopping public. (2) Libraries and museums. (3) Government buildings and facilities. (4) Public utility service facilities. (5) Private and fraternal clubs. (6) Theaters. (7) Restaurants and taverns. (8) Gas stations which comply with the following criteria: (a) All fuel storage shall be located underground. (b) All gasoline pumps, lubrication and service facilities shall be located at least twenty feet (20') from any street right-of-way line. (c) No major bodywork may be conducted on the premises. (d) No curb cut may be any closer than thirty feet (30') from any street intersection. (e) A minimum lot frontage of one hundred and twenty five feet (125') is required. (f) The main building on the site shall be set back at least forty feet (40') from any property line. (9) Churches. (10) Child care facilities. (11) Accessory uses. (Ord. 1077, ) (12) Hotels and motels (off-street parking required). (Ord. 1167, ) (13) Single family homes, duplexes, and multiple family residences (offstreet parking required). (Ord. 1693, ) * Taken from City of Montrose Zoning Regulations Oct Page 17

18 Zoning Breakdown* B-2 Highway Commercial District Cont d. (C) Conditional Uses: (1) (Rep. By Ord. 1693, ) (2) (Rep. By Ord. 1167, ) (3) Schools. (4) Public transportation facilities. (5) Bus stations with off-street loading and unloading facilities for all buses at one time, and with direct access to a designated arterial street. (6) Parking facilities. (7) Funeral homes. (8) Parking and playgrounds. (9) Building materials businesses if adjacent to the railroad. (Ord. 1077, ) (10) Automobile and other vehicle sales or service establishments. (11) Automobile body shops. (Ord. 1188, ) (12) Distribution, warehouse and wholesale operations General Information UTILITIES Water/Sewer/Trash City of Montrose (970) Natural Gas Black Hills Energy (800) Electricity DMEA (970) Telephone CenturyLink (800) Cable Charter Spectrum (877) OTHER DOCUMENTS AVAILABLE Asbestos Report Environmental Property Investigations, Inc. July 3, 2015 (303) PROPERTY SPECIFICS Heating: Forced Air Cooling: Central A/C & Evaporative Cooler INCLUSIONS & EXCLUSIONS Call the office for a complete list of inclusions and exclusions Also includes business and name Page 18

Colorado DOT Traffic Count* HIGHWAY DATA ON SH 50, MAIN ST SW/O LOCUST ST, MONTROSE(Station Id: 102243) DAILY TRAFFIC (07/13/2016) Subject Property FUTURE TRAFFIC (Projection Year 2037) AADT: Annual

19 Colorado DOT Traffic Count* HIGHWAY DATA ON SH 50, MAIN ST SW/O LOCUST ST, MONTROSE(Station Id: ) DAILY TRAFFIC (07/13/2016) Subject Property FUTURE TRAFFIC (Projection Year 2037) AADT: Annual average daily traffic is the total volume of vehicle traffic of a highway for a year divided by 365 days and is a useful and simple measurement of how busy the road is. *Raw Data taken from Page 19

20 Map of Vicinity Black Canyon Motel Hillcrest Drive Montrose County Fairgrounds Subject property Cedar Creek RV Park Page 20

Recap Property Building Sq.Ft. (MOL) Lot Acreage Listing Price $ per Bldg Sq.Ft. 1413 E Main St 5,745 0.73 $449,888 $78.31 Excellent location for your restaurant or business!

21 Recap Property Building Sq.Ft. (MOL) Lot Acreage Listing Price $ per Bldg Sq.Ft E Main St 5, $449,888 $78.31 Excellent location for your restaurant or business! Local legacy and history as popular eatery Located on E Main St./Hwy 50 Trade name included Seating for 192 people Current inventory included in purchase Zoned B-2 in the City of Montrose High-traffic count Highly visible signage Great nostalgia: Own a piece of history Contact John Renfrow or Joey Huskey at (970) Page 21

Waterfront Hotel & Marina

FOR SALE $1,650,000 Waterfront Hotel & Marina roperty Details RICE $1,650,000 BUILDING SIZE 6,254 SF BUILDING TYE Hotel/Motel ACREAGE 0.33 AC FRONTAGE 200 TRAFFIC COUNT 32,500 AADT YEAR BUILT 1972 Waterfront