225 Grand Mesa DrCedaredge, CO 81413

For Sale
$300,000

Prime Location, High Potential, 2,130 sq ft

Overview

Added:
Feb 3
Days on market:
37
This exceptional 2,130 square foot office building, situated in the heart of Cedaredge, Colorado, presents a unique investment opportunity. Currently configured as a doctor's office, the property offers significant flexibility and potential for future development. More than half of the structure was constructed around the year 2000, ensuring a relatively modern build with good condition. The 0.2-acre lot provides ample space, and the building's downtown location offers excellent visibility and accessibility. The property includes a current tenant with lease rights extending until November 1st, 2022, guaranteeing immediate rental income for the new owner. The tenant will continue to pay rent to the new owner through the end of their lease term. A new Independent Land Certificate (ILC) will be provided upon sale. The building's adaptable design allows for a straightforward conversion into a duplex, significantly increasing its potential rental income and overall return on investment. This property is an ideal choice for investors seeking a strong cash flow and the potential for future appreciation in a desirable Colorado location. The asking price is $300,000. Serious inquiries only.

Property Details for 225 Grand Mesa Dr

Property type
Office properties, Other office properties
Square Feet
2,130 SF
Year Built
1911
Lot Size (sq. ft)
8,712 SF

Location Insight

City
Cedaredge
County
Delta
State
Colorado
Latitude
38.89903
Longitude
-107.9243
225 Grand Mesa Dr, Cedaredge, Colorado

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225 Grand Mesa Dr
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