For Sale
$1,590,000

340 North Ave Grand Junction, CO 81501

Flex, Warehouse, Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional Grand Junction commercial property, listed at $1,590,000, offers 16,395 square feet on a 0.72-acre lot. The property comprises two buildings: a 11,595-square-foot front building with three versatile units ideal for retail, office, or market uses, and a 4,800-square-foot warehouse with a 12-foot overhead door. Units 338 and 342 underwent complete 2023 renovations, boasting modern finishes, updated electrical service, and new roofing. Unit 340, currently occupied by a long-term tenant, features recently upgraded electrical service. The warehouse, added in 1993, offers 14-foot eave height and additional storage. The property includes 18 parking spaces and is zoned CG. Unit 338 (3,600 sq ft) is available for lease at $16 per square foot, NNN. This multi-use property presents a unique investment opportunity with strong potential for diverse business applications. The property's address is 340 North Avenue, Grand Junction, CO 81501, with APN 2945-113-19-007. The lease type is NNN, and the current lease expiration is July 30, 2026. The property was built in 1946 and features a single tenancy.

Highlights

  • $1,590,000 asking price.
  • 16,395 square feet on a 0.72-acre lot.
  • Modernized office units (338 & 342) and office unit 340 with new electrical service and a long-term tenant.
  • 4,800 square feet of open warehouse space with common area access and overhead door.

Property Details for 340 North Ave

Property type
Warehouses, Retail properties
Square Feet
16,395 SF
Year Built
1946
Lot Size (sq. ft)
31,363 SF
Units
3

Location Insight

City
Grand Junction
County
Mesa
State
Colorado
Latitude
39.0777778
Longitude
-108.5668169

FAQs

What type of property is this?
Warehouse - Flex, Warehouse, Retail Investment
Where is the warehouse located?
The property is located at 340 North Ave Grand Junction, CO.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: $1,590,000 asking price.; 16,395 square feet on a 0.72-acre lot.; Modernized office units (338 & 342) and office unit 340 with new electrical service and a long-term tenant.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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340 North Ave
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