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Fruita Opportunity 551 E Grand Ave 900 SF 100% Leased Office Building Fruita, CO 81521 $450,000 ($500/SF)
INVESTMENT HIGHLIGHTS
- Downtown Fruita
- Warehouse with living quarters above
- Multifamily development
EXECUTIVE SUMMARY
Classic 1925 Bungalow. This property is currently located in the Commercial Zoning DMU (Downtown Mixed Use -Neighborhood friendly businesses). Proposed Future Land use map for Fruita includes it in C1 zoning. Property is 0.55 Acres and has endless
possibilities for development...multifamily housing, housing with business on the main floor warehouse in the back and living quarters up above, it's an open palette of possibility. Price $500,000 and is contingent on the owner finding an acceptable replacement property. Must have 24 hours notice for all showings.
possibilities for development...multifamily housing, housing with business on the main floor warehouse in the back and living quarters up above, it's an open palette of possibility. Price $500,000 and is contingent on the owner finding an acceptable replacement property. Must have 24 hours notice for all showings.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
900 SF
Building Class
B
Year Built
1925
Price
$450,000
Price Per SF
$500
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
900 SF
Building FAR
0.04
Lot Size
0.55 AC
Zoning
C1-DMU - Downtown mixed use in Fruita, CO with multifamily development, warehouse with living quarters above and residential-office.
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Bike Score®
Very Bikeable (71)
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Fruita Opportunity | 551 E Grand Ave
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