711 S 15th St - Storefront FOR SALE


Grand Junction, CO 81501
$1,950,000 USD
970-244-0800
711 S 15th St, Grand Junction, CO for Sale
$1,950,000 USD
Storefront - FOR SALE
1/19
null | 5% Cap Rate

711 S 15th St
Grand Junction, CO 81501


OVERVIEW

Prime Investment Opportunity. Fully leased commercial building near Los Colonias Park. This 12.613 square foot commercial property offers an income-generating opportunity. Includes a warehouse with overhead door, fully fenced yard with auto locking gate. One side of the building was fully renovated in 2023. There is a lot of potential for rental income on this property as one side has lease terms that will be up in December and can be renegotiated. Small private office with kitchenette, bathroom and shower up front with own separate entrance. Parking spaces out front are marked and available for employees or customers. **NOI is based on market value rents, not actual leases in place. Leases to be renegotiated. Leases and financial info are available with an NDA.**

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$155 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

2.02 AC

LAND SF

87,991 SF

ZONING

I-2

APN/PARCEL ID

2945-242-12-031

ASK ABOUT THIS PROPERTY

Jackson BerryRed Compass RealtyMore Info
970-244-0800

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Jackson BerryRed Compass RealtyMore Info
970-244-0800

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