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Aspen St Coffee 136 E Aspen Ave 1,092 SF Retail Building Fruita, CO 81521 $397,000 ($363.55/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Building in downtown heart of Fruita
- Original Historic Charm
- High traffic corner
- Indoor and outdoor seating
EXECUTIVE SUMMARY
A rare chance to purchase a well-known and highly regarded property in the heart of Downtown Fruita. Positioned on a prominent corner of a busy intersection, this location offers excellent visibility and foot traffic. The building includes both indoor and outdoor seating options. Inside, you'll find approximately 1,092 square feet of thoughtfully finished space that highlights the building’s historic character. Originally constructed in 1900, the layout includes open seating, large storefront windows, a restroom, the original bank vault, a roasting area, multiple prep spaces, a customer service counter, storage areas, and more.
Property Highlights:
Historic character and original architectural features
1,092 sq ft interior
Built in 1900
Indoor and outdoor seating
Large windows with abundant natural light
Original bank vault
Restroom
Currently utilized as a coffee/tea shop with food and alcohol service
Property Highlights:
Historic character and original architectural features
1,092 sq ft interior
Built in 1900
Indoor and outdoor seating
Large windows with abundant natural light
Original bank vault
Restroom
Currently utilized as a coffee/tea shop with food and alcohol service
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,092 SF
Building Class
C
Year Built
1900
Price
$397,000
Price Per SF
$363.55
Cap Rate
5%
NOI
$19,850
Tenancy
Single
Building Height
1 Story
Building FAR
1.08
Lot Size
0.02 AC
Zoning
DMU - Current use coffee & tea, alcohol and food provider
Frontage
18’ on Aspen Ave
AMENITIES
- Corner Lot
- Restaurant
- Signage
- Air Conditioning
- Smoke Detector
Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2697-172-22-001 | Improvements Assessment | $24,290 |
| Land Assessment | $5,640 | Total Assessment | $29,930 |
PROPERTY TAXES
Parcel Number
2697-172-22-001
Land Assessment
$5,640
Improvements Assessment
$24,290
Total Assessment
$29,930
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Aspen St Coffee | 136 E Aspen Ave
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