Stacey Olive
REALTOR®
MLS#840017
STATUS
PROPERTY TYPECommercial - Retail
Property Description
Prime Commercial Investment Property Next to CMU! Positioned directly off bustling North Avenue and adjacent to Colorado Mesa University, this high-visibility property offers steady cash flow with massive upside potential. The Highlights: â?¢ Total Size: 4,470 SF on a 0.36-acre lot â?¢ Built-in Income: Includes an established Subway franchise tenant on a 5-year lease (with 3 additional 5-year renewal options). Lease rate is based on 8% of Subway sales revenue! â?¢ Value-Add Potential: 2,200 SF vacant space on the north sideâ??ready to lease out for additional income! â?¢ Potential Base Annual Rent: $100,896.00 â?¢ Grease Trap Vacant Space Features (2,200 SF): â?¢ Dedicated HVAC & ventilation fan â?¢ Stainless steel sink & mezzanine storage â?¢ 5 separate main-floor rooms â?¢ 2nd floor with open layout + private office â?¢ Potential to reinstall overhead door and windows Unbeatable Exposure & Logistics: â?¢ High-traffic North Ave location right next to CMU â?¢ Dedicated pole signage for maximum visibility â?¢ Ample parking for customers and staff Subway Remodel: â?¢ Remodeled two years ago â?¢ New plumbing, electrical and HVAC DM us today for full leasing details or to schedule a private walkthrough!
Property Features
Property Type: Commercial - Retail
Cooling: Refrigerated Air
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.36 Acres
Roof Type: Metal
Taxes: 21,313.07
Year Built: 1994
Feature Descriptions
Access: State Highway, City/Town
Days on Site: 3
Existing Utilities: Sanitary Sewer, Water, Natural Gas, Electric, Internet
Exterior: Metal
Flooring: Concrete, Tile, Carpet
Lot Dimensions: 120 X 120
Miscellaneous Information: Lease Included, Real Estate For Sale
Parking: 20 + Total Spaces
Sewer: Public Sewer Installed
Square Footage: 2270 (Finished), 4470 (Main), 4470 (Office)
Substructure: Slab
Water: Public
Listed By / Shown By
Listed By
Agency Name: S.U.R.E., LLC
Agency Phone: 970-300-5857
Shown By
Agent Name: Stacey Olive
Agent Phone: Cell: (440) 371-9126
Agency Title: Key Realty
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810 North Avenue | MLS# 840017
This commercial property located at 810 North Avenue, Grand Junction, CO 81504 is currently listed for sale with an asking price of $1,400,000. Search Grand Junction real estate on www.soldwithstacey.net today.