551 Grand AveFruita, CO 81521

This unique 900-square-foot mixed-use property in Fruita, Colorado, presents a compelling investment opportunity. Located at 551 E Grand Ave, this 0.55-acre lot boasts a charming 1925 bungalow, currently zoned C1-DMU, allowing for a variety of neighborhood-friendly businesses. The property's current use is as a creative office and single-family rental portfolio. The asking price is $500,000, contingent upon the owner securing a suitable replacement property. All offers are subject to this contingency. The single-story building offers 900 square feet of net rentable space, translating to a price per square foot of $555.56. Fruita's proposed future land use map designates this area for downtown mixed-use development, opening up exciting possibilities. Imagine transforming this space into multifamily housing, a ground-floor commercial space with residential units above, or a warehouse with upper-level living quarters. The possibilities are vast. The property's APN is 2697-174-16-011. A 24-hour notice is required for all showings. This is a rare chance to acquire a versatile property in a growing Colorado town.