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$ 900,000
Est. payment | /mo
$ 900,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20262767
Annual Tax Amount $1,558
Lot Dimensions 100x125
Property Sub-Type Building
Property Description
Excellent investment opportunity at 241 S 14th Street in Grand Junction, featuring a stable income-producing property with an established tenant already in place. Offered at a 7.0% Cap Rate, this asset provides investors with immediate cash flow and the benefits of a leased property from day one with a new 5 year lease in place. The property's central Grand Junction location offers strong long-term appeal, with convenient access to downtown, major transportation corridors, and surrounding residential and commercial developments. This turnkey investment is well-suited for investors seeking reliable income, minimal downtime, and potential long-term appreciation in one of Western Colorado's most active commercial markets.
Location
State CO
County Mesa
Area Grand Junction City
Direction Located on the NE corner of Ute Avenue & S 14th Street.
Building
Lot Description Corner Lot
Listed by RE/MAX 4000, INC