507 Fruitvale Ct - Showroom FOR SALE


Grand Junction, CO 81504
$1,150,000 USD
970-261-9311
507 Fruitvale Ct, Grand Junction, CO for Sale
$1,150,000 USD
Showroom - FOR SALE
1/8
null | 7.6% Cap Rate

507 Fruitvale Ct
Grand Junction, CO 81504


HIGHLIGHTS

  • Easy Access to I70B Nicely appointed warehouse and office space with fenced yard space

OVERVIEW

• Offered at $1,150,000 with a current NOI of $87,948, reflecting a 7.6% cap rate • ±8,800 SF Commercial Building comprised of two units on a combined ±1.17 acres • North Unit C (±4,800 SF) is currently leased on a three-year term with renewal options, providing stable in-place income • South Unit A (±4,000 SF) currently leased, but available for new tenancy Spring 2026 at $4,000/month + NNN, offering near-term upside • Solid Investment or Owner-User Opportunity, allowing a buyer to occupy the vacant unit while maintaining income from the leased space • Two additional parcels totaling ±0.46 acres, offering excess land and future flexibility • Excellent Central Location with access and visibility off I-70B • Opportunity for investment or Owner-Users seeking durable cash flow with optionality

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$131 USD /SF

CAP RATE

7.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.17

LAND SF

50,965

ZONING

PD

APN/PARCEL ID

2943-093-53-037

ASK ABOUT THIS PROPERTY

Cory CarlsonVenture GroupMore Info
970-261-9311

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Cory CarlsonVenture GroupMore Info
970-261-9311

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