403 Kennedy Ave - Medical FOR SALE


Grand Junction, CO 81501
$799,000 USD
970-852-5508
403 Kennedy Ave, Grand Junction, CO for Sale
$799,000 USD
Medical - FOR SALE
1/15
null | 7.1% Cap Rate

403 Kennedy Ave
Grand Junction, CO 81501


HIGHLIGHTS

  • Great Location, Completely Remodeled in 2018, Opportunity Zone

OVERVIEW

LOCATION LOCATION LOCATION + CONDITION CONDITION CONDITION – this Sherwood Park stand-alone building has 5 leased units w/private entrances & parking lot. Fully updated interior, exterior & major mechanicals in 2018 incl. ADA baths & entrances. 20 parking spaces incl. 3 handicap. MU-1 zoning (see associated docs for allowed uses) offers flexible options for investors or owner-users. Lease all units for steady income or occupy 1+ units for your business. No signage, no CIC fees. Private tours by appt only. Ideal for med offices, wellness, retail, pro services & more. Great cash flow, prime location, turnkey condition, & ample parking make this a rare find. 7.1 CAP. Contact listing agent for details & showings. Don’t miss this versatile commercial property with long-term value & flexibility.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$174 USD /SF

CAP RATE

7.1%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Western Colorado, Grand Junction

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,538 SF

ZONING

MU-1

APN/PARCEL ID

2945-113-15-004

ASK ABOUT THIS PROPERTY

Jan Kimbrough MillerTHE AGENCY GRAND JUNCTION - The Kimbrough TeamMore Info
970-852-5508

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Jan Kimbrough MillerTHE AGENCY GRAND JUNCTION - The Kimbrough TeamMore Info
970-852-5508

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