This Land Property is no longer advertised on LoopNet.com.

1101 Kimball Ave
Grand Junction, CO 81501
Sugar Beet Mill & OZ Development Land · Land For Sale · 6.51 AC

Investment Highlights

  • Historic Property
  • Catalyst Development
  • Opportunity Zone
  • Development Plans Available

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Multifamily
  • Industrial Live or Work Unit
  • Warehouse
Total Lot Size 6.51 AC
No. Stories 1
Zoning C-2

Description

The historic Sugar Beet Mill building and accompanying parcels of land are the prime development opportunity in Grand Junction today. Located in an Opportunity Zone and a special commercial zoning district, the Beet Mill offers a discerning buyer the opportunity to develop a landmark building and prime land directly in the center of the new riverfront redevelopment area of Grand Junction. Directly in front of the $15m Las Colonias Business park, this development project will set the benchmark for all further private development in the neighborhood. Currently, the property cash flows with two national tenants and a third local tenant in place. Leases are designed to allow for a developer to move forward with a project before the lease terms terminate. Contact broker for full details on financials and environmental.

Property Taxes

Property Taxes

Parcel Number
2945-231-39-002
Land Assessment
$74,510
Improvements Assessment
$67,340
Total Assessment
$141,850
  • Listing ID: 18258011

  • Date on Market: 1/22/2020

  • Last Updated:

  • Address: 1101 Kimball Ave, Grand Junction, CO 81501

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