507 Fruitvale CtGrand Junction, CO 81504

This exceptional 8,800-square-foot industrial property, located at 507 Fruitvale Court in Grand Junction, Colorado, presents a compelling owner-user or investment opportunity. The property, built in 1981, sits on a 1.17-acre lot and features a single-story building with a 12-foot ceiling height. The property includes five loading docks and ample parking for 20 vehicles. It's zoned PUD and boasts convenient access to I-70B, situated within a light industrial park. The property consists of two units. Unit A, currently leased, has a tenant with a lease expiring November 2024, including two three-year renewal options. The lease is a modified gross lease at $2,600 per month plus utilities. Unit C, encompassing 4,800 square feet, is vacant and ready for immediate occupancy. This unit offers 1,000 square feet of well-appointed office and showroom space, along with 3,800 square feet of warehouse space, including a mezzanine, two overhead doors, and three-phase power. The asking price for this multi-tenant property is $1,150,000. The property's APN is 2943-093-53-037, 2943-093-53-015, and 2943-093-53-016. This property offers a blend of immediate income and future development potential, making it an attractive option for discerning investors and owner-users alike.