$1,100,000
Granby, CO 80446
MLS# 24-532
1 beds | 4 baths | 3932 sqft

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Property Description
The Pearl Dragon restaurant, owned & operated by the Long Family since 2004, is available for purchase to an aspiring owner/operator. This is an 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.
Details
Maps
Documents
Contract Information
Current Price: $1,100,000
Book Section: Income/Commercial/Ranch
Status: Active
Begin Date: 2024-05-11
List Price: $1,100,000
Percent Ownership: Full
Reservations: Not Applicable
1st Right of Refusal: No
List Price Per SqFt: 296.26
Location Legal and Taxes
Area: Granby Area
House Number: 52
Street Name: 4th Street
County: Grand
State/Province: CO
Postal Code: 80446
Tax Year: 2023
Subdivision: GRANBY
General Property Description
Realtor.COM Type: Commercial
Total SqFt: 3932
Finished SqFt: 3713
Year Built: 1945
Year Built Remarks: Updated 2020
Style: NOT APPLICABLE
Lot Size: .345ac
Acres: 0.36
Total Bedrooms: 1
Total Bathrooms: 4
Garage Type: Detached
Garage Stalls: 1
Miscellaneous
Minimum Earnest $: 50,000
HOA Transfer Assess.: No
Sales Transfer Tax: No
Earnest Check To: TCOR
Water Source
Community: n/a
Public: Tap Paid
Well: n/a
Sewer Source
Community: n/a
Public: Tap Paid
Septic: n/a
Utilities
Cable TV: Avail but no Connect
Electric: Connected
Natural Gas: Connected
Propane Gas: Not Available
Telephone: Avail but no Connect
Type Heat: Forced Air
Property Features
Inclusions: Furniture; Microwave; Oven; Range; Refrigerator
Construction: Frame
Supplements
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.
Listing Office: Re/Max Peak to Peak
Last Updated: April - 11 - 2025

Information deemed reliable but not guaranteed.