Kathmandu Restaurant owner pays $3.5M for Boulder Golden Lotus

BOULDER – The owner of the Kathmandu Restaurant in Nederland plans to open a second location in Boulder after purchasing the former Golden Lotus Chinese restaurant at 1964 28th St. for $3.5 million.

Resham Gurung, under the entity Nepal Two LLC, bought the restaurant from longtime owners Steve and Victoria Chen, according to Boulder County property records.

The Chens couldn’t immediately be reached Thursday, but Gurung said in a phone interview that they sold the restaurant so they could retire. Property records show that the Chens bought the property for $850,000 in 1995. The three-quarter-acre parcel sits in front of Target and…