1636 Grande Avenue
Monte Vista, CO 81144
13200 sqft | 0.82 acres | #2069736
Description
SALE, LEASE, OR OPTION:
Exceptional opportunity for an owner-user, investor, or both! This prime property boasts high-visibility Highway 160 frontage and signage, featuring 35,000 square feet of land and a 13,200 square foot building. Whether for a single or multiple tenants, this is a high-income producing asset priced drastically below replacement cost at just $25 per square foot—offering significant value-add and redevelopment potential.
With rising construction costs, limited availability along Highway 160, and major new developments underway in Monte Vista, now is the time to own a premier location ideal for growth, expansion, and new tenant entry into the SLV market.
The seller is open to leasing all or part of the land/building and welcomes all viable purchase offers, seller financing, or joint venture development proposals. A current market rent analysis supports a strong double-digit estimated ROI of 15%, making this a compelling capitalization and return on investment opportunity.
Property Details
- Utility FeaturesElectricity Available, Electricity Connected, Electricity To Lot Line, Sewer Connected
- Sewer InformationPublic Sewer
- CountyRio Grande
- Property TypePurchase
- MLS #2069736
- MLS #2069736
- Utility SourcePublic
- Taxes Annual$3,225
- Cost339000
- Property SubtypeRetail
- Square Feet13200
- Acres0.82
- Year Built1964
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Ryan Morgan (#REC55038813)
Listing Office: Colorado Realty & Land Co. (#RECR0008)
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