551 East Grand Avenue Fruita, CO 81521

Building Details

Year Built

1925

Listing office Keller Williams Colorado West Realty | KW Commercial t***@kw.com Show Phone

Listing date Mar 11, 2024

Source Realnex

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Investment Insights

Based on property information with market context.

This classic 1925 bungalow is situated on a 0.55-acre property currently zoned DMU (Downtown Mixed Use), which supports neighborhood-friendly businesses. According to the proposed future land use map for Fruita, the property is slated for C1 zoning. This presents numerous development opportunities, including multifamily housing, housing with a business on the main floor, or a warehouse with living quarters above. The property offers an open palette of possibilities for commercial real estate ventures. The sale is contingent on the owner finding an acceptable replacement property and is being sold "As Is". Buyer is responsible for getting clearance for any development from the City of Fruita.

Key Highlights

• Zoned for Commercial Use (DMU, with potential for C1 Zoning): Offers diverse development opportunities.
• Large 0.55 Acre Lot: Provides ample space.
• Classic 1925 Bungalow: A unique property with historical charm.

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FAQs

What type of property is this?

Mixed-use property - Classic bungalow on 0.55 acres with development potential.

Where is this mixed-use property located?

The property is located at 551 East Grand Avenue Fruita, CO.

What is the asking price?

The asking price for this property is $500,000.

What are key features of this property?

This property features: Zoned for Commercial Use (DMU, with potential for C1 Zoning): Offers diverse development opportunities.; Large 0.55 Acre Lot: Provides ample space.; Classic 1925 Bungalow: A unique property with historical charm.