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Retail Space on Highway 6&50

2493 Hwy 6&50 Grand Junction, CO

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1,500 SF retail space with newer roof and coolers.

Type:RETAIL
Property size:
1,500 SF
Lot size:
2.22 Acres
Price / SF:
$179/SF
Added:
Mar 28, 2025
Days on Market:
471
Last Refresh:
May 20 at 8:30 pm

Property Features for 2493 Hwy 6&50

General Information

Standard status
Active
Size
1,500 SF
Lot size
2.22 Acres
Property subtype
RETAIL

Listing office Venture Group

Listing date Mar 28, 2025

Source Moodyscre

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 Venture Group


Investment Insights

Based on property information with market context.

This retail space, spanning 1,500 square feet, is located at 2493 Hwy 6&50. It features a newer roof and swamp coolers. The property offers modern finishes and convenient amenities. There are up to 10 parking spaces for employees in the back of the units, along with a large shared parking lot for mall patrons.

Key Highlights

  • Prime location on Hwy 6&50
  • 1,500 square feet of clean, open retail space
  • Newer roof

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $21.6k $14.40
− Vacancy −$1.3k −$0.85
EGI $20.3k $13.55
− OpEx −$6.1k −$4.07
NOI $14.2k $9.49
1,500 SF · lease $14.40/SF/yr · vacancy 5.90% · expense 30.00%

Alternative Uses

Best Use
Retail
$203.3K
$177.9K – $237.1K (±1% cap)
NOI $14,228 @ 7.0% cap · market cap 5.28%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$2.85M
$2.49M – $3.32M (±1% cap)
NOI $199,260 @ 7.0% cap · market cap 73.94%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Parking Lot & Garage Daycare Center (Bike/Boat/Book/etc) Store Garden Center Grocery & Convenience Store Barber Shop (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tanning Salon Wine and Liquor Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - 1,500 SF retail space with newer roof and coolers.
Where is this retail space located?
The property is located at 2493 Hwy 6&50 Grand Junction, CO.
What is the asking price?
The asking price for this property is $269,500.
What are key features of this property?
This property features: Prime location on Hwy 6&50; 1,500 square feet of clean, open retail space; Newer roof
Contact an agent
(970) 201-1849 Call to check price and availability
More about this property
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