321 Rood Avenue
Grand Junction, CO 81501

$1,389,000

Description

Downtown income property providing stable cash flow. Current owner will sign back a lease TBD upon closing as the anchor tenant (38% income). Current management will also stay in place on terms TBD for a turn-key transaction. Strong tenant mix with synergetic medical/office users, and many long-term tenants in the building. Units lease quick when available, good upside w/ rents & unbuilt space.

Details

MLS#20193633
Sub-TypeResale
StatusActive
Days On Site52

Features

SQ Feet46,770
Story(s)0
ZoningB-2

Market Activity 81501

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Area Information

StateCO
CityGrand Junction
Zip Code81501
AreaGrand Junction City
Listing VS Median (in 81501)
Price:
$1,389,000
low | high
Med:
$229,700
100% of Average
SqFt:
46,770
low | high
Med:
1,160
100% of Average
$ / SqFt:
$30
low | high
Med:
$198
100% of Average
On Site:
52
low | high
Med:
92
56.521739130435% of Average
Listing Updated: 08/16/2019
MLS Number: 20193633
Listing Provided By:
KYLE SERRANO  of  BRAY COMMERCIAL

MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the Grand Junction Area REALTOR Association MLS.