690 Grand Mesa DrCedaredge, CO 81413

For Sale
$675,000

Thriving Turnkey Business, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 2,020 sq ft storefront in Cedaredge, Colorado, is offered at $675,000. Boasting a 6.80% cap rate (8.30% pro-forma), this 100% occupied property features a drive-thru, ample parking, abundant shelving and cooler space, a staff break room/kitchen, and recent upgrades including new cooler units, cash registers, LED lighting, and HVAC systems. The building, constructed in 1949 and situated on a single story, is zoned MU-C-D1. All trade fixtures are included, along with a liquor and tobacco license. The property enjoys high visibility due to its location on a main thoroughfare and prominent signage. Ample storage is available, and a security system is in place. This turnkey operation presents a unique opportunity for immediate business ownership in a prime location, the only liquor store in town selling spirits. The property's Net Operating Income (NOI) is $56,025. The APN is 3193-292-00-046.

Property Details for 690 Grand Mesa Dr

Property type
Other retail properties, Individual retail properties
Square Feet
2,020 SF
Year Built
1949
Buildings
1
Stories
1
Units
1

Location Insight

City
Cedaredge
County
Delta
State
Colorado
Latitude
38.8934179
Longitude
-107.9281391
690 Grand Mesa Dr, Cedaredge, Colorado

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690 Grand Mesa Dr
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