Property profile

1204 Ute Ave Grand Junction, CO 81501

OFF-MARKET
Retail properties & Spaces
Property ID
US13-0824360
1,268 SF 0.14 ac lot
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Property summary

AI-generated overview

This 1,268-square-foot commercial property, located at 1204 Ute Ave in Grand Junction, Colorado, is priced at $239,900 ($189.20/sq ft). The building, a stone and stucco structure, sits on a 0.14-acre lot and benefits from a highly visible corner location at Ute Avenue and 12th Street, just two blocks from the new skate park. The property includes a fully paved lot at 222 South 12th Street, directly north of the main building. Currently zoned MU-2, this versatile space has been used for both commercial and residential purposes in the past. The property requires repairs, and is priced accordingly; there are no warranties or guarantees. This presents a unique opportunity for a retail or service business, a professional office, or even as a base for food trucks. The seller is open to considering an owner-carry financing option. The property consists of one building.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,268 SF
Lot 0.14 ac (6,098 SF)
UPID US13-0824360

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1204 Ute Ave Grand Junction, CO 81501
Grand Junction metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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