260 Ute AveGrand Junction, CO 81501

Property Details for 260 Ute Ave

Lot size

0.22 AC

Zone code

B-2

Property type

Commercial land

APN

2945-143-26-014

APU

294514326014

Description

This exceptional investment opportunity presents a vacant, three-unit flex warehouse totaling 9,583 square feet situated on a 0.22-acre lot in Grand Junction, Colorado. Located at 260 Ute Avenue, this property boasts a prime corner location offering high traffic and excellent visibility, making it ideal for a variety of commercial uses. The asking price is $399,000, translating to $41.64 per square foot and $133,000 per unit. The property's address is 260 Ute Avenue, Grand Junction, CO 81501, with APN 2945-143-26-014. Its strategic location at the Northwest corner of Ute Avenue places it directly in the path of new development along the Colorado Avenue corridor, ensuring future growth potential. The property's classification includes Industrial and Land, with subtypes of Flex and Warehouse. This property is currently vacant, providing immediate occupancy for the new owner. The high visibility and excellent location make this a rare opportunity for investors seeking a strong return in a rapidly developing area. The property's three units offer flexibility for various business needs, and the ample lot size provides potential for future expansion or development.

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,506,450

  Retail / Commercial

  $1,806,330

  Mixed-Use / Specialty

  $1,806,380

  Hospitality / Lodging

  $1,333,740

  Office

  $1,802,410

  Institutional / Educational

  $1,880,230

  Residential Income

  $2,199,870

  Multifamily

  $2,602,410

  Automotive / Energy

  $1,611,620

  Parking / Income-Based Land

  $549,737

  Restaurant / Food Service

  $953,371

  Healthcare / Senior Housing

  $1,845,750

Location Insight

City

Grand Junction

County

Mesa

State

Colorado

Latitude

39.0657

Longitude

-108.568

CBSA code

24300

CBSA name

GRAND JUNCTION, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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