112 Ouray Ave Grand Junction, CO 81501-2246

This 1,161-square-foot vacant office building in Grand Junction, Colorado, presents a unique investment opportunity. Located at 112 Ouray Ave, 81501, this single-story, 1900-built property sits on a 0.13-acre lot and is zoned MU-2. The building is currently vacant and requires updating and renovation, reflected in the asking price of $199,000. The property's location within the Enterprise Zone and Corridor Infill areas of Grand Junction may offer redevelopment incentives from the city. The MU-2 zoning allows for a variety of commercial uses, including creative and medical offices, but residential use is restricted unless a live/work arrangement is permitted. The property's Assessor's Parcel Number (APN) is 1945-142-36-013. Please note that owner financing is not available. This is a fantastic chance to acquire a property with significant potential in a desirable location. The building's age and condition necessitate renovations, making it an ideal project for a buyer seeking a hands-on opportunity to increase value. The strategic location within the designated zones offers potential for future growth and added value. Serious inquiries only.