52 4th Street, Granby, CO


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Square feet



About 52 4th Street

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.

Features of 52 4th Street

MLS® # 24-532
Price $1,700,000
Bedrooms 1
Bathrooms 4.00
Square Footage 3,713
Acres 0.36
Year Built 1945
Type Inc/Comm/Ranch
Status Active

Community Information

Address 52 4th Street
Area Granby Area
Subdivision GRANBY
City Granby
County Grand
State CO
Zip Code 80446


# of Garages 1
Is Waterfront No
Has Pool No


Heating Forced Air
Fireplace No


Construction Frame

Additional Information

Date Listed May 11th, 2024
Short Sale No
RE / Bank Owned No

Listing Details

AgentNancy Dulac
OfficeRe/Max Peak to Peak

Listing Map

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