Downtown Storefront with Private
New
For Sale
$529,000
210 E Aspen Avenue, Fruita, CO 81521
Downtown Mixed-Use zoning supports a range of commercial uses, including retail, dining, gallery, and personal services.
Property Size1,800 SF
Price / SF$293.89
Days on Market3
Property Features for 210 E Aspen Avenue
General Information
Standard status
Active
Size
1,800 SF
Total Parking Spaces
3
Property subtype
Commercial
Zoning
Downtown Mixed-Use
Additional Details
Currently Operating
Yes
Building Details
Year Built
1990
Buildings
1
Listing Agency:
Coldwell Banker Commercial Prime Properties LLC
Listed By:
Michael Foster · License #5316
(970) 244-6602
Source:
Destinationdro
Added: Nov 1
Last Checked: Nov 3 at 3:26AM
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 Coldwell Banker Commercial Prime Properties LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,800-square-foot storefront was built in 1990 and includes three private parking spaces at the rear. Its Downtown Mixed-Use zoning allows for a range of uses, including a restaurant, art gallery, bar or nightclub, personal services, and general retail.
The property is in downtown Fruita, among local businesses that include shops and eateries. The current business should not be disturbed.
The property is in downtown Fruita, among local businesses that include shops and eateries. The current business should not be disturbed.
Key Highlights
- 1,800‑square‑foot storefront building
- Three private parking spaces behind the building
- Downtown Mixed‑Use zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,074
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$341,480
$341.5K
Cap Rate 7%
$243,914
$243.9K
Cap Rate 9%
$189,711
$189.7K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$25.9K $14.40/SF
− Vacancy
−$1.5K −$0.85/SF
EGI
$24.4K $13.55/SF
− OpEx
−$7.3K −$4.07/SF
NOI
$17.1K $9.49/SF
Area
Mesa County, CO
Vacancy
5.90%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$341,480
Cap Rate 7%
$243,914
Cap Rate 9%
$189,711
Alternative Uses
Best Use
Retail
$243.9K
$213.4K – $284.6K
NOI $17,074 @ 7.0% cap · market cap 3.23%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$3.42M
$2.99M – $3.99M
NOI $239,112 @ 7.0% cap · market cap 45.20%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
831
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81521, CO
16,446
Population
6,531
Households
2.5
Avg Household Size
40
Median Age
32%
College-Educated
94%
High-School Grad
181.6 sq mi
ZIP Area
91
Density / Sq Mi
$82,632
Median Household Income
$41,801
Median Earnings
$1,249
Median Rent
$385,300
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
Similar Off Market Nearby
- Flowers By Jimmie — 218 E Aspen Ave, Fruita, CO 81521
Frequently Asked Questions
What type of property is this?
Storefront property - Downtown Mixed-Use zoning supports a range of commercial uses, including retail, dining, gallery, and personal services.
Where is this storefront property located?
The property is located at 210 E Aspen Avenue Fruita, CO.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: 1,800‑square‑foot storefront building; Three private parking spaces behind the building; Downtown Mixed‑Use zoning
