3198 Patterson Rd - Medical FOR SALE


Grand Junction, CO 81504
$725,000 USD
970-234-5674
3198 Patterson Rd, Grand Junction, CO for Sale
$725,000 USD
Medical - FOR SALE
1/9
null | 8% Cap Rate

3198 Patterson Rd
Grand Junction, CO 81504


OVERVIEW

Investor option with great returns and loyal tenants. Located on a very busy corner with freeway access nearby. Building is flanked by residential, church and a bank. There is one suite currently available if new owner wants to do owner occupant - #101 has 1,250 SF. This is the only vacancy currently. There is a possibility of 2 more suites to add as rental that are currently used by the owner for a total of 14 units. many are long term and want to stay. Medical and management related businesses - no MJ or CBD, tatoo shops, etc. are allowed by this owner. The main floor has AC with 3 or the 4 units being newly replaced. Upstairs is evap cooling with over half of those units replaces. The building has an live-in caretaker that would like to stay (occupies one of the "owner-suites." building is well maintained but could use some cosmetic updates and the parking lot resurfaced, but it is a money maker as-is!! Call listing broker for more updates and financials.

FOR SALE DETAILS

PRICE

$725,000 USD

PRICE/SF

$62 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

Commercial

APN/PARCEL ID

2943-034-00-096

ASK ABOUT THIS PROPERTY

Lori WoodGraystone Group, Inc.More Info
970-234-5674

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Lori WoodGraystone Group, Inc.More Info
970-234-5674

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.