For Sale
$600,000

383 Indian RdGrand Junction, CO 81501

3,481 SF Flex Space, 5.49% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
115
Exceptional investment opportunity in Grand Junction, Colorado. This 3,481 square foot flex space boasts a 5.49% cap rate and a strong net operating income of $32,922. The property, located at 383 Indian Road, sits on a 0.27-acre lot and features a versatile layout including 2,700 square feet of warehouse space, 300 square feet of office space, and a 481 square foot mezzanine. Amenities include two bathrooms, a washer room, two 14-foot overhead doors, central air conditioning and forced-air heating, pole signage, a fenced side yard, and five parking spaces (one ADA compliant). Currently vacant, this single-story, 2005-built building is zoned I-1, allowing for a wide range of uses, including assembly, vocational/trade schools, medical/dental clinics, animal hospitals, breweries/distilleries, food service, office, retail, vehicle repair, industrial manufacturing, storage, and more. The property is offered at $600,000 as an absolute NNN lease investment. Seller financing and down payment assistance are available. The APN is 2945-241-00-016. This is a rare opportunity to acquire a well-located, versatile industrial property with significant upside potential.

Highlights

  • 3,481 SF building with 2,700 SF warehouse, 300 SF office, and 481 SF mezzanine.
  • 0.27-acre lot.
  • Two bathrooms and a laundry room.
  • Two 14' overhead doors.
  • Fenced side yard.
  • Central AC and forced-air heating.

Property Details for 383 Indian Rd

Property type
Warehouses, Office properties
Square Feet
3,481 SF
Class
C
Year Built
2005
Buildings
1
Stories
1
Lot Size (sq. ft)
11,761 SF
Units
1

Location Insight

City
Grand Junction
County
Mesa
State
Colorado
Latitude
39.060198914195
Longitude
-108.54129433652
383 Indian Rd, Grand Junction, Colorado

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
383 Indian Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message