1636 Grande AVE Active Save Request In-Person Tour Request Virtual Tour
Monte Vista,CO 81144
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 13,200 sqft
Price per Sqft $25
MLS Listing ID 2069736
Year Built 1964
Annual Tax Amount $3,225
Tax Year 2024
Lot Size 0.820 Acres
Property Sub-Type Retail
Property 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.
Location
State CO
County Rio Grande
Zoning Commercial
Exterior
Parking Features 220 Volts,Concrete,Gravel,Dry Walled,Finished Garage,Heated Garage,Oversized Door
Utilities Available Electricity Available,Electricity Connected,Electricity To Lot Line,Sewer Connected
Roof Type Metal
Building
Sewer Public Sewer
Water Public
Structure Type Metal Frame
Others
Acceptable Financing Cash,Conventional,Owner Will Carry
Listing Terms Cash,Conventional,Owner Will Carry