600 28 1/4 Road, Grand Junction, CO 81506 (MLS# 175343)

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600 28 1/4 Road, Grand Junction, CO 81506

$9,900,000
Property Type: Commercial Sale Square Footage: 32,500 Lot Size (sq. ft.): 510,088 Status: Closed
Current Price: $8,600,000 List Date: 6/06/2022 Last Modified: 3/31/2023

Description

HUGE (temporary) PRICE REDUCTION. Grand Junction large mixed use Development property. Very desirable 11.7 acres off high traffic Patterson Road stoplight location with many on and offsite improvements currently completed on the property. Including a 32,500 floor sq. ft. building. 20,000 sq. ft foot print clear story structure that could be 40,000 sq. ft with total build out of second floor. This unique location is zoned MU Multiple Use and is well suited for retail, medical, education, and diverse services. Outdoor mall with residential above has been talked about with the planning dept. Property can be divided as to suit the developer with a mixed use development. Medium to high density residential would fit a portion of the property in regards to neighboring successful developBusy travel corridor with over 32000 cars per day and developed corners on 3 sides already.

Supplements: Busy travel corridor with over 32000 cars per day and developed corners on 3 sides already.

More Information MLS# 175343

Location Info

Current Price: $8,600,000 Type: Commercial Major Area: Out of Area Area: Within Colorado Asking Price: 9900000 Original List Price: 12800000 Street #: 600 Street Name: 28 1/4 Street Suffix: Road City/Town: Grand Junction State/Province: CO Postal Code: 81506

Keywords Info

Total Building SqFt: 20.001+ Association Dues: No Payment Per: Unknown

Listing Info

Listing Date: 2022-06-06 REO: No Member Association: Glenwood Association

General Info

Sub/Loc: None County: Mesa Legal: LOT 2 FOR HIM SUBDIVISION PER PLAT AT RN 3021552 RECORDED 2-28-22 MESA CO RECDS SEC 6 1S 1E UM - 11.71 ACRES Zoning: Mixed-use Lot SqFt: 510088 Nbr of Acres: 11.71 Total SqFt: 32500 Parcel #: 294306352002 Year Built: 2004 Directions: Property is located off northeast corner of Patterson Road and 28 1/4 Road.

Financing Info

Metro Tax District: No Tax Year: 2021 Transfer Tax: No

Status Change Info

Status: Closed Under Contract Date: 2022-12-01 Proposed Close Date: 2023-03-01 Sold Date: 2023-03-30 Sold Price: $8,600,000 Sold Price Per/SF: 264.62 How Sold: Cash

Remarks

Public Remarks: HUGE (temporary) PRICE REDUCTION. Grand Junction large mixed use Development property. Very desirable 11.7 acres off high traffic Patterson Road stoplight location with many on and offsite improvements currently completed on the property. Including a 32,500 floor sq. ft. building. 20,000 sq. ft foot print clear story structure that could be 40,000 sq. ft with total build out of second floor. This unique location is zoned MU Multiple Use and is well suited for retail, medical, education, and diverse services. Outdoor mall with residential above has been talked about with the planning dept. Property can be divided as to suit the developer with a mixed use development. Medium to high density residential would fit a portion of the property in regards to neighboring successful developBusy travel corridor with over 32000 cars per day and developed corners on 3 sides already.

Property Features

Allowable Uses: Mixed Use Construction: Steel/Metal Condominiumized: No Substructure: Slab Roof: Composition Shingles Heating/Cooling: Central AC; Forced Air Electric: Yes Gas: Natural Gas Sanitation: Sewer Parking: Parking Lot; Paved Access: Paved Mineral Rights: No Terms Offered: Cash Sign: Yes Possession: Negotiable
Listing Office: United Country Real Colorado P
Last Updated: March - 31 - 2023
600 28 1/4 Road, Grand Junction, CO 81506- MLS# 175343
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Broker Attribution: (970) 256-9700

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