321 Rood Avenue

    Grand Junction, CO 81501
    • $1,300,000
    • STATUS: Active
    • ON SITE: 173 days
    • MLS #: 20181098
    UPDATED: 116 min ago
    $1,300,000
    • 0
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1981

    School Ratings & Info

    Description

    Great value- add income property located in desirable downtown Grand Junction. Currently has 8 tenants with various lengths of terms. Majority of tenants have been at current location for a number of years. Huge Potential for increased income with an approximate 2000+ sqft of unfinished space that could be easily built out and leased. Large amounts of capital have been put into building improvements including solar panels that create additional income. NOI at $110,000, priced at 8.5% Cap.

    Monthly Payment Calculator

    © 2018 Grand Junction MLS. All Rights Reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Borman Group at eXp Realty. Data last updated 8/21/2018.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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Borman Group at eXp Realty. Data last updated 2018-08-21T00:15:57.31.

    www.wesellgrandjunction.com/homes/81133997

    321 Rood Avenue Grand Junction, CO 81501

    • Price: $1,300,000
    • Status: Active
    • Updated: 116 min ago
    • MLS #: 20181098
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    1981
    Built
    Neighborhood:
    Grand Junction City
    Area:
    Grand Junction City
    Property Description
    Great value- add income property located in desirable downtown Grand Junction. Currently has 8 tenants with various lengths of terms. Majority of tenants have been at current location for a number of years. Huge Potential for increased income with an approximate 2000+ sqft of unfinished space that could be easily built out and leased. Large amounts of capital have been put into building improvements including solar panels that create additional income. NOI at $110,000, priced at 8.5% Cap.
    Exterior Features

    Doc Hi No Lot Size 0.25-0.49 Overhead Doors No

    Interior Features

    Office Misc Total Sqft 10358 Warehouse Total Sqft 3412

    Property Features

    Building Type MedicalOfficeOther-See RemarksProfessionalRestaurantRestaurant/BarRetail Leased Yes NOI 110000 Rail Frontage No Rail Spur No Type Commercial Investment Zoning B-2

    Listing courtesy of Kyle Serrano of Bray/Commercial.
    © 2018 Grand Junction MLS. All Rights Reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Borman Group at eXp Realty. Data last updated 8/21/2018.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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Borman Group at eXp Realty. Data last updated 2018-08-21T00:15:57.31.

     
    The Borman Group at eXp Realty
    2478 Patterson Road - Suite 17
    Grand Junction CO, 81505