Commercial Sale · Active
Grand Junction, CO 81504
2 Baths · 4,470 Sq Ft
$1,400,000
Retail
Property Type
0.36 acres
Lot Size
1994
Year Built
$313
Price per Sq Ft
840017
MLS #
About This Property
Prime Commercial Investment Property Next to CMU! 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 • Grease Trap 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 Subway Remodel: • Remodeled two years ago • New plumbing, electrical and HVAC DM us today for full leasing details or to schedule a private walkthrough!
4 days on market
Listed by Katherine Davis · S.U.R.E., LLC · 970-778-5083
Property Details
| Property Type | Commercial Sale |
| Sub Type | Retail |
| Status | Active |
| Price per Sq Ft | $313 |
| MLS # | 840017 |
| Days on Market | 4 |
| Half Baths | 2 |
| Year Built | 1994 |
| Lot Size (Sq Ft) | 15,682 |
| Acres | 0.36 |
| Annual Taxes | $21,313 |
| Tax Year | 2025 |
| State | CO |
| County | Mesa |
| Zoning | Mixed Use |
| Heating | Forced Air |
| Cooling | Refrigerated Air |
| Flooring | Carpet, Concrete, Tile |
| Parking Features | 20 + Total Spaces |
| Roof | Metal |
| Sewer | Public Sewer |
| Water Source | Public |
| New Construction | No |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 10/26/2026 |
Listed for sale Source: Colorado Real Estate Network (CREN) #840017 |
$1,400,000 $313/sqft |
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