1956 Highway 6&50, Fruita CO, 81521

Sold

1956 Highway 6&50

Fruita CO, 81521

$1,040,000

Sold

Commercial

8% cap rate! Unique investment opportunity with strong tenant base. NOI is $80,000+. This mixed-use property features a 6000 SF, recently remodeled school building and a 6000 SF warehouse on 2 acres. A Montessori school in year one of a five-year modified gross lease makes an excellent tenant and ensures exemption from some property taxes. The warehouse tenant is in year one of a three-year modified gross lease. Property located just off Hwy 6&50 in the beautiful, growing city of Fruita.

20200942

MLSⓇ ID

February 16, 2024

Updated

Map

1956 Highway 6&50
Fruita CO, 81521

Other Property Details

Area Name: Fruita
Taxes: $11,200
Tax Frequency: Annually
Days on Market: 420
Garage: No
View: No
County: MESA
Pool: No

Courtesy of BRAY/COMMERCIAL, ,
Listing Contact: 970-986-0446

Based on information from Grand Junction Area REALTORS Association as of 2/16/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 4:27 AM UTC, 2/16/2024