Equipped Commercial Kitchen with Dining
For Sale
Contact for pricing
104 White Avenue Unit C, Grand Junction, CO 81501
Corner-unit food-service space includes dedicated serving access, kitchen equipment, and a guest dining area.
Property Size20,824 SF
Price / SF$0.07
Days on Market207
Property Features for 104 White Avenue Unit C
General Information
Standard status
Active
Size
20,824 SF
Net Rentable
2,500 SF
Property subtype
Commercial Lease / Mixed Use
Lease Type
Gross
Space & Availability
Available Space
2,500 SF
Contiguous Space
2,500 SF
Space Use
Commercial Kitchen
Furnished
Yes
Lease Terms
Lease Rate
$1,500 /USD/MO
Total Rate
$1,500
Monthly Rent
$1,500
Rent per SF/Year
$7.20
Restaurant
Seating Capacity
40
Commercial Hood
Yes
Equipment Included
Yes
Amenities
Storage
Building Details
Year Built
1964
Listing Agency:
Bray Commercial LLC
Listed By:
Katherine Davis · License #FA100094662
(970) 778-5083
Source:
Compass
Added: Mar 24
Changed: Oct 13
Last Checked: Oct 15 at 1:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bray Commercial LLC
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Investment Insights
Based on property information with market context.
Unit C at 104 White Avenue provides 2,500 square feet of commercial kitchen and food-service space. The premises include a cooktop, fire-suppressed range hood, reach-in refrigerators and freezer, warming trays, deli case, two-bay sink, shared mop sink, and built-in counters and cabinetry. Storage is also included.
A separate serving area has its own private entrance, while the dining room accommodates up to 40 guests and includes a fireplace and furnishings. The space occupies a visible corner at 1st and White Avenue in Grand Junction. The building was constructed in 1964, and the lease structure is full gross.
A separate serving area has its own private entrance, while the dining room accommodates up to 40 guests and includes a fireplace and furnishings. The space occupies a visible corner at 1st and White Avenue in Grand Junction. The building was constructed in 1964, and the lease structure is full gross.
Key Highlights
- 2,500 SF commercial kitchen and food‑service space
- Commercial‑grade equipment includes cooktop, range hood, refrigerators, freezer, warming trays, and deli case
- Two‑bay sink, shared mop sink, built‑in counters, cabinetry, and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$160,342
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,206,840
$3.2M
Cap Rate 7%
$2,290,600
$2.3M
Cap Rate 9%
$1,781,578
$1.8M
Market Conditions
NOI Build-Up for 20,824 SF
Gross rent
$242.4K $11.64/SF
− Vacancy
−$13.3K −$0.64/SF
EGI
$229.1K $11.00/SF
− OpEx
−$68.7K −$3.30/SF
NOI
$160.3K $7.70/SF
Area
Mesa County, CO
Vacancy
5.50%
Lease Rate
$11.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,206,840
Cap Rate 7%
$2,290,600
Cap Rate 9%
$1,781,578
Alternative Uses
Best Use
Specialty Retail
$4.37M
$3.83M – $5.10M
NOI $306,018 @ 7.0% cap · market cap 20,401.20%
Second Best
Industrial
$2.29M
$2.00M – $2.67M
NOI $160,342 @ 7.0% cap · market cap 10,689.47%
Theoretical Best
Healthcare Medical
$39.52M
$34.58M – $46.10M
NOI $2,766,260 @ 7.0% cap · market cap 184,417.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
2,214
Businesses Nearby
Explore this area
Business Placement
Demographics for 81501, CO
23,935
Population
11,524
Households
2.1
Avg Household Size
33
Median Age
27%
College-Educated
90%
High-School Grad
8.7 sq mi
ZIP Area
2,751
Density / Sq Mi
$48,500
Median Household Income
$32,160
Median Earnings
$974
Median Rent
$283,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Commercial kitchen - Corner-unit food-service space includes dedicated serving access, kitchen equipment, and a guest dining area.
Where is this commercial kitchen located?
The property is located at 104 White Avenue Unit C Grand Junction, CO.
What are key features of this property?
This property features: 2,500 SF commercial kitchen and food‑service space; Commercial‑grade equipment includes cooktop, range hood, refrigerators, freezer, warming trays, and deli case; Two‑bay sink, shared mop sink, built‑in counters, cabinetry, and storage
