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    1162 Ute Ave Grand Junction, CO 81501

    Sponsored
    For Sale
    $425,000

    Versatile Office/Warehouse, Great Location

    Property size:
    1,296 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,296 square foot commercial property, located at 1162 Ute Avenue in Grand Junction, Colorado, presents a unique investment opportunity. The building, constructed in 1958 and renovated in 1990, features a blend of office and warehouse space, ideal for a variety of businesses. The 296 square foot office area includes a reception area and showroom with a glass storefront, providing excellent visibility. The 1,000 square foot warehouse boasts two dock-high doors and washer/dryer hookups. Situated on a 0.43-acre lot, this property offers ample parking (25 spaces) and a fenced yard providing additional storage. The property benefits from a high-traffic corner location with a lighted pole sign, ensuring excellent visibility. Zoned MU-2, this property offers significant development potential. The asking price is $425,000, and the property is offered with a NNN lease type. Key features include a signalized corner lot with 100-150 feet of frontage, three-phase power, and a prime location in downtown Grand Junction (zip code 81501). The property's APN is 2945-144-25-003. This is a single-story building with one unit.

    Property Features for 1162 Ute Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    1,296 SF
    Class
    C
    Lot Size
    18,731 SF

    Building Details

    Year Built/Renovated
    1958/1990
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 1,296 SF warehouse/office building in Grand Junction, CO.
    • 296 SF office with showroom and glass storefront.
    • 1,000 SF warehouse with two dock‑high doors and washer/dryer hookups.
    • 0.43‑acre lot with fenced yard and ample parking (25 spaces).
    • Signalized corner lot with 100‑150 feet of frontage.
    • High‑traffic location in downtown Grand Junction (81501) with development potential (MU‑2 zoning).
    Property Profile Location Intelligence

    Current Use by Public Records

    Roto-Rooter Plumbing & Drain ... Plumber

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Junction
    County
    Mesa
    State
    Colorado
    Longitude
    -108.5528329
    Latitude
    39.0657029

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    FAQs

    What type of property is this?
    Distribution property - Versatile Office/Warehouse, Great Location
    Where is this distribution property located?
    The property is located at 1162 Ute Ave Grand Junction, CO.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: 1,296 SF warehouse/office building in Grand Junction, CO.; 296 SF office with showroom and glass storefront.; 1,000 SF warehouse with two dock-high doors and washer/dryer hookups.
    Request Owner's contact information
    1162 Ute Ave Grand Junction, CO 81501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1162 Ute Ave Grand Junction, CO 81501
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