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Property profile & analytics
OFF-MARKET
Retail space

1204 Ute Ave Grand Junction, CO 81501

1,268 SF 0.14 ac lot
Property ID
US13-0824360
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 space
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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