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130 & 140 N Grand Mesa Drive

Cedaredge, CO 81413
  • $475,000
  • STATUS: Active
  • ON SITE: 166 Days
  • MLS #: 805102
UPDATED: 9 min ago
$475,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 1
    1/2 BATHS
  • 1,252
    SQFT
  • $379
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2022
County:

School Ratings & Info

Listing courtesy of Cedaredge Land Co, Inc.: 970-856-3173.


Description

This is a high traffic location with great visibility. The Scenic Byway Highway 65 location means you get everyone heading in and out of town passing by the building. This newer building has a lot of curb appeal with nice landscaping. The current tenant is in place for most of the next three years as of the listing of the property. It is a triple net lease with a 7.5% net cap rate. The building and parking area are actually on two separate, but adjoining, lots. Both are included in this sale. The building has a metal roof and drive thru. There are at least 12 parking spaces and this includes room to park an RV. The building is being leased to a dispensary business. Some areas of the building may not be accessible without a marijuana badge.

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[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2023. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than The Howe Group | Keller Williams Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2023-12-10T18:56:51.69.
www.thehowegroup.co/homes/140931596
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130 & 140 N Grand Mesa Drive Cedaredge, CO 81413

  • Price: $475,000
  • Status: Active
  • On Site: 166 Days
  • Updated: 9 min ago
  • MLS #: 805102
0
Beds
0
Baths
1
½ Baths
0.34
Acres
1,252
SQFT
$379
$/SQFT
2022
Built
Neighborhood:
Surface Creek
County:
Delta
Area:
Surface Creek
Property Description
This is a high traffic location with great visibility. The Scenic Byway Highway 65 location means you get everyone heading in and out of town passing by the building. This newer building has a lot of curb appeal with nice landscaping. The current tenant is in place for most of the next three years as of the listing of the property. It is a triple net lease with a 7.5% net cap rate. The building and parking area are actually on two separate, but adjoining, lots. Both are included in this sale. The building has a metal roof and drive thru. There are at least 12 parking spaces and this includes room to park an RV. The building is being leased to a dispensary business. Some areas of the building may not be accessible without a marijuana badge.
Exterior Features

Acreage Range Less than 1/2 Carport No Lot Dimension .34 Parking 10-20 Total SpacesPaved Property Attached No Roof Composition Sewer Public Sewer Installed Stories 1 Street Description 75'-100' FrontageState Highway Water Public Water Well No Waterfront YN No

Interior Features

Cooling Type Central A/C Finished Sq Ft 1252 Foundation Slab Heating Fuel Source Natural Gas Heating System Forced Air Heating System1 Gas Forced Loading Dock No Main Sq Ft 1252 One Quarter Baths 0 Total Offices 0

Property Features

Available Utilities Internet Books Available No Cam No Covenants NO Current Business Dispensary Current Use Retail Storefront Exchange Trade No Existing Utilities ElectricNatural GasWater Fixtures Included No Inventory Included No Lease Included Yes New Construction YN No Owners Association No Possible Property Use General OfficeMixed-UseOtherProfessional/MedicalRetail Storefront Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2022 Tenant Pays Building InsuranceElectricExt Maintenance (Bldg)GasInterior MaintenanceReal Estate TaxesSewer/WaterSite Maintenance (Prop)Snow RemovalTrash Total Electric Meters 1 Total Gas Meters 1 Total Taxes 971.28 Total Water Meters 1 Type Retail Variable Rate Yes Water Rights No Zoning Type Commercial

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2023. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than The Howe Group | Keller Williams Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2023-12-10T18:56:51.69.
 
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The Howe Group | Keller Williams Realty
218 Maroon Ave. Unit C
Crested Butte CO, 81224
Listing courtesy of Cedaredge Land Co, Inc.: 970-856-3173.