REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,400,000
Est. payment | /mo
$ 1,400,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20264425
Annual Tax Amount $21,313
Lot Dimensions 120 x 120
Property Sub-Type Commercial
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: • 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 • Grease Trap 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 Subway Remodel: • Remodeled two years ago • New plumbing, electrical and HVAC DM us today for full leasing details or to schedule a private walkthrough!
Location
State CO
County Mesa
Area Grand Junction City
Direction North Avenue between 8th and 9th Street, north side
Building
Lot Description Other, See Remarks
Listed by S.U.R.E., LLC
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
131 N 6th Street STE 200, Grand Junction, Colorado 81501, USA