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418 S 7th St
Grand Junction, CO 81501
Whitewater West · Retail Property For Sale
Property Facts
Property Type
Building Size
4,756 SF
Year Built/Renovated
1921/1965
Building Height
2 Stories
Building FAR
0.68
Lot Size
0.16 AC
Zoning
C-1
Parking
5 Spaces (1.05 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Storage Space
About 418 S 7TH ST , GRAND JUNCTION, CO 81501
Great retail/office building in the Opportunity Zone. Located in the heart of town, on a main artillery road accessing the new Las Colonias Park. Main floor is used as retail, while the upstairs is a residential apartment that is leased out for additional income ($700/month). Business can be purchased with the building, for an additional $187,000. Business is Whitewater West, a local retailer specializing in outdoor recreation products. Inventory is valued at $137,000 as of 9/18, not including FF&E. Main floor is used as retail location (2400 SF), with (1311 SF) of unfinished upstairs storage, and a fully leased residence (1045 SF) on the 2nd floor.
Property Taxes
| Parcel Number | 2945-144-43-003 | Improvements Assessment | $37,630 |
| Land Assessment | $11,890 | Total Assessment | $49,520 |
Property Taxes
Parcel Number
2945-144-43-003
Land Assessment
$11,890
Improvements Assessment
$37,630
Total Assessment
$49,520
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