$450,000

359 Colorado Avenue 102, 103, 104

Grand Junction CO, 81501

Description

10.7% cap rate investment opportunity in Downtown Grand Junction. 4,001 SF restaurant/retail space located on hard corner of 4th Street and Colorado Avenue. Great visibility, good foot and vehicle traffic. Currently occupied by NNN tenant on a new 5-year lease. TI note transfers with sale.

Details

MLS#20190432
Sub-TypeResale
StatusActive
Days On Site316

Features

SQ Feet4,001
Story(s)0
ZoningB-2

Market Activity 81501

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Area Information

StateCO
CityGrand Junction
Zip Code81501
AreaGrand Junction City
Listing VS Median (in 81501)
Price:
$450,000
low | high
Med:
$215,000
100% of Average
SqFt:
4,001
low | high
Med:
1,494
100% of Average
$ / SqFt:
$112
low | high
Med:
$144
21.751837027854% of Average
On Site:
316
low | high
Med:
29.5
100% of Average
Listing Updated: 12/13/2019
MLS Number: 20190432
Listing Provided By:
BRIAN BRAY  of  BRAY COMMERCIAL

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Grand Junction Area REALTOR Association MLS.

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