562 W Crete Circle Active

Grand Junction,CO 81505

$ 1590000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Building

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20224297

Annual Tax Amount $21,962

Lot Dimensions 220 x 208

Property Description

Investment Deal. 4 unit Condo Office Warehouse. Property has 3 of the 4 units leased; unit 105 is vacant. Multiple units, multiple lease expiration dates. Central Grand Junction location, with solid building construction and free span steel members. NOI with 2 gross rents and one tenant paying NNN = $63,000, 4% cap rate. Proforma $114,763 = 7.6% CAP rate

Location

State CO

County Mesa

Area Grand Junction City

Direction 25 Rd East on Pinyon to Crete Circle.

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