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206 E Aspen Ave 2,420 SF 100% Leased Retail Building Fruita, CO 81521 $1,216,758 CAD ($502.79 CAD/SF) 6.22% Cap Rate



Executive Summary
Situated in the center of the action on Fruita's vibrant Aspen Ave., this property boasts excellent visibility, high foot traffic and easy accessibility in one of the most sought-after areas on the Western slope. Surrounded by an atmosphere that’s full of excitement and opportunity this 2400 sf restaurant space offers indoor/outdoor seating, full sized commercial kitchen, walk-in refrigerator/freezer, coffee bar, chef's kitchen, reception area, two restrooms and a separate storage shed. This well-appointed building presents a rare and compelling investment opportunity for an owner-user seeking long-term stability. FF&E Included!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,420 SF
Building Class
B
Year Built
1925
Price
$1,216,758 CAD
Price Per SF
$502.79 CAD
Cap Rate
6.22%
NOI
$75,717 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.74
Lot Size
0.07 AC
Zoning
DCRD
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2697-172-23-001 | Improvements Assessment | $118,619 CAD |
| Land Assessment | $26,295 CAD | Total Assessment | $144,914 CAD |
Property Taxes
Parcel Number
2697-172-23-001
Land Assessment
$26,295 CAD
Improvements Assessment
$118,619 CAD
Total Assessment
$144,914 CAD
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206 E Aspen Ave
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