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810 North Ave 4,901 SF Retail Building Grand Junction, CO 81501 $1,400,000 ($285.66/SF)
Investment Highlights
- • Total Size: 4,470 SF on a 0.36-acre lot
- • Value-Add Potential: 2,200 SF vacant space on the north side—ready to lease out for additional income!
- • Built-in Income: Includes an established Subway franchise tenant on a 5-year lease
Executive Summary
Prime Commercial Investment Next to CMU and Seller Financing Available!
Positioned directly off bustling North Avenue and adjacent to Colorado Mesa University, this high-visibility property offers steady cash flow with massive upside potential.
The Highlights:
• Total Size: 4,470 SF on a 0.36-acre lot
• Built-in Income: Includes an established Subway franchise tenant on a 5-year lease (with 3 additional 5-year renewal options). Lease rate is based on 8% of Subway sales revenue!
• Value-Add Potential: 2,200 SF vacant space on the north side—ready to lease out for additional income!
• Potential Base Annual Rent: $100,896.00
Vacant Space Features (2,200 SF):
• Dedicated HVAC & ventilation fan
• Stainless steel sink & mezzanine storage
• 5 separate main-floor rooms
• 2nd floor with open layout + private office
• Potential to reinstall overhead door and windows
Unbeatable Exposure & Logistics:
• High-traffic North Ave location right next to CMU
• Dedicated pole signage for maximum visibility
• Ample parking for customers and staff
Seller Financing
• 5.5% Interest, 25% Down, Loan Length Negotiable
DM us today for full leasing details or to schedule a private walkthrough! ??
#GrandJunctionRealEstate #CommercialRealEstate #CRE #InvestmentProperty #GJBusiness #CMU #PropertyForSale #RealEstateInvesting
Positioned directly off bustling North Avenue and adjacent to Colorado Mesa University, this high-visibility property offers steady cash flow with massive upside potential.
The Highlights:
• Total Size: 4,470 SF on a 0.36-acre lot
• Built-in Income: Includes an established Subway franchise tenant on a 5-year lease (with 3 additional 5-year renewal options). Lease rate is based on 8% of Subway sales revenue!
• Value-Add Potential: 2,200 SF vacant space on the north side—ready to lease out for additional income!
• Potential Base Annual Rent: $100,896.00
Vacant Space Features (2,200 SF):
• Dedicated HVAC & ventilation fan
• Stainless steel sink & mezzanine storage
• 5 separate main-floor rooms
• 2nd floor with open layout + private office
• Potential to reinstall overhead door and windows
Unbeatable Exposure & Logistics:
• High-traffic North Ave location right next to CMU
• Dedicated pole signage for maximum visibility
• Ample parking for customers and staff
Seller Financing
• 5.5% Interest, 25% Down, Loan Length Negotiable
DM us today for full leasing details or to schedule a private walkthrough! ??
#GrandJunctionRealEstate #CommercialRealEstate #CRE #InvestmentProperty #GJBusiness #CMU #PropertyForSale #RealEstateInvesting
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
4,901 SF
Building Class
B
Year Built
1994
Price
$1,400,000
Price Per SF
$285.66
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.35 AC
Opportunity Zone
Yes
Zoning
MU-2 - Multi use
Parking
11 Spaces (2.44 Spaces per 1,000 SF Leased)
Frontage
126’ on North Ave.
Amenities
- Pylon Sign
- Signage
- Wheelchair Accessible
- Air Conditioning
- Cafe
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2945-114-19-018 | Improvements Assessment | $311,720 |
| Land Assessment | $57,910 | Total Assessment | $369,630 |
Property Taxes
Parcel Number
2945-114-19-018
Land Assessment
$57,910
Improvements Assessment
$311,720
Total Assessment
$369,630
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810 North Ave