New ListingPrime Commercial Investment Next to CMU and Seller Financing Available! 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: Total Size: 4,470 SF on a 0.36-acre lot 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! Value-Add Potential: 2,200 SF vacant space on the north side-ready to lease out for additional income! Potential Base Annual Rent: $100,896.00 Vacant Space Features (2,200 SF): Dedicated HVAC & ventilation fan Stainless steel sink & mezzanine storage 5 separate main-floor rooms 2nd floor with open layout + private office Potential to reinstall overhead door and windows Unbeatable Exposure & Logistics: High-traffic North Ave location right next to CMU Dedicated pole signage for maximum visibility Ample parking for customers and staff Seller Financing 5.5% Interest, 25% Down, Loan Length Negotiable DM us today for full leasing details or to schedule a private showing!
| MLS # | 20264425 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 6 |
| Listing Provided By | S.U.R.E., LLC | KATIE DAVIS |
| Zoning | MU-2 |
|---|
| Lot Features | Other, See Remarks |
|---|
| Tax Annual Amount | 21313.07 |
|---|
| State | CO |
|---|---|
| County | Mesa |
| City | Grand Junction |
| Zip Code | 81501 |
| Area | Grand Junction City |
| Listing VS Median (in 81501) | |
Price: $1,400,000 low | high Med: $330,000 On site: 6 low | high Med: 23 | |
| State | CO |
|---|---|
| County | Mesa |
| City | Grand Junction |
| Zip Code | 81501 |
| Area | Grand Junction City |
| Listing VS Median (in 81501) | |
Price: $1,400,000 low | high Med: $330,000 On site: 6 low | high Med: 23 | |