With 10 restaurants for sale in Lakewood, this city offers a diverse range of investment opportunities for entrepreneurs and business owners. Restaurants in Lakewood can represent a variety of investments, from casual eateries to fine dining establishments, and even cafes and bakeries. Lakewood's unique blend of natural beauty, with its proximity to the Rocky Mountains, and urban amenities, such as the Belmar area, make it an attractive location for restaurants. The city's infrastructure, including major roads like Interstate 70 and US 6, and public services like the Regional Transportation District, provide easy access for customers. Additionally, Lakewood's educational institutions, such as Colorado Christian University and Red Rocks Community College, contribute to a diverse population of students, professionals, and families, creating a strong demand for dining options. The city's attractions, including the Lakewood Cultural Center and the 40 West Arts District, also draw visitors and locals alike, making it an ideal location for restaurants.
Lakewood's restaurant scene is characterized by its diversity, with options ranging from casual to fine dining. The city's proximity to Denver and its location in the Front Range Urban Corridor make it an attractive location for businesses. In addition to restaurants, Lakewood also offers a range of other investment opportunities, including apartment buildings, shopping centers, specialty properties, and hotels. For example, apartment buildings in Lakewood offer a range of options for investors, from small complexes to large developments. Shopping centers in Lakewood provide a mix of retail and dining options, while specialty properties, such as office buildings and warehouses, offer unique investment opportunities. Hotels in Lakewood, including those near the Federal Center station, cater to visitors and business travelers alike. Overall, Lakewood's diverse range of investment opportunities and its unique blend of natural beauty and urban amenities make it an attractive location for entrepreneurs and business owners.
What is the average cost per square foot for a restaurant in Lakewood?
The average cost per square foot for a restaurant in Lakewood is $863 USD per square feet, with an average size of 4,462 square feet and a largest size of 10,418 square feet, making it an attractive option for entrepreneurs looking to establish a presence in this city.
What factors determine the value of a restaurant for sale in Lakewood?
The value of a restaurant for sale in Lakewood is determined by several key factors, including:
- Location, with proximity to major roads, public transportation, and local amenities such as parks and cultural attractions influencing foot traffic and customer accessibility;
- Size and layout, with the average restaurant size in Lakewood being 4,462 square feet and the largest available space being 10,418 square feet;
- Financial performance, including the average cap rate of 7.22% and the price per square foot, which averages $863 USD.
