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1254 Ute Avenue

Grand Junction, CO 81501
  • $290,000
  • STATUS: Active
  • ON SITE: 79 Days
  • MLS #: 20225708
UPDATED: 13 min ago
$290,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Rare Opportunity to Own a Commercially Zoned Property with Multi-family Use. This Property is Located on a High Traffic and Highly Visible Corner of Ute & 13th Street. General Meeting with the City Has Been Completed. Additional Residential Structures Are Permitted. Tenant in Unit A has a signed Lease Agreement that entails $1,050/Month in rent plus 60% of the utilities. Unit B updating was complete 10/31/2022. Tenant in Unit B has a signed Lease Agreement starting 12/20/2022 that entails $950.00/Month in rent plus 40% of the utilities. Tenant Revenue is $2,000.00/month - $24,000 Annually at 8.2% cap rate. Exterior updating is complete. Seller is a Licensed Real Estate Broker in the State of Colorado

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© 2023 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 Western Slope Real Estate. 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 Western Slope Real Estate. Data last updated 2023-01-27T13:15:20.473 UTC.

www.lovewhereyouliveco.com/homes/134633459
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1254 Ute Avenue Grand Junction, CO 81501

  • Price: $290,000
  • Status: Active
  • On Site: 79 Days
  • Updated: 13 min ago
  • MLS #: 20225708
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Grand Junction City
County:
Mesa
Area:
Grand Junction City
Property Description
Rare Opportunity to Own a Commercially Zoned Property with Multi-family Use. This Property is Located on a High Traffic and Highly Visible Corner of Ute & 13th Street. General Meeting with the City Has Been Completed. Additional Residential Structures Are Permitted. Tenant in Unit A has a signed Lease Agreement that entails $1,050/Month in rent plus 60% of the utilities. Unit B updating was complete 10/31/2022. Tenant in Unit B has a signed Lease Agreement starting 12/20/2022 that entails $950.00/Month in rent plus 40% of the utilities. Tenant Revenue is $2,000.00/month - $24,000 Annually at 8.2% cap rate. Exterior updating is complete. Seller is a Licensed Real Estate Broker in the State of Colorado
Exterior Features

Lot Size Dimensions 75 X 100

Property Features

Possible Use OtherSeeremarks Property Sub Type Commercial Tax Annual Amount 876.01 Zoning Description C-1

Listing courtesy of Katie Davis of Bray/Commercial: 970-241-2909.
© 2023 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 Western Slope Real Estate. 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 Western Slope Real Estate. Data last updated 2023-01-27T13:15:20.473 UTC.

 
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Western Slope Real Estate
1338 Grand Ave, Suite 313
Glenwood Springs CO, 81601