Property Location: 5450 Manhart, Sedalia
Property Description: 6,630-sf restaurant, YOC 1907, frame, renovated 2004
Land Size: 1.205 acres
Sales Price: $1.37M, or $205.88 psf
Reception No: 20180
Closing Date: 8/6
Grantor: Matthew Earl Bundy, Sedalia 80135
Grantee: 5450 Manhart Holdings (Charles Briggs, mgr.), Lakewood 80232
Financing: $1.62M SBA loan payable to MidWestOne Bank
Comments: Lots 9-14, Block 7, town of Sedalia, Lot 5A, Block 7, Sedalia 5thAmendment; see APN: 2353-133-02-023 & 2353-144-08-012. This property was listed by Ian Elfner of NavPoint Real Estate, 720-376-6805.
Comp of the Day is provided by John V. Winslow, president of Winslow Property Consultants. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.