1162 Ute Ave Grand Junction, CO 81501
For Sale
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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.
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Roto-Rooter Plumbing & Drain Service Plumbing Service General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Grand Junction, COGrand Junction. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.