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31184010
31184015

581 29 Rd, Grand Junction, CO 81504 For Sale

KS
CO II 100075682
Venture Group
Listed by Venture Group
$1,700,000
119 days on market
Updated 18 days ago

581 29 Road

Details
APN 2943-071-84-001
Property Type Retail, Office (+1)
Sub Type Restaurant, Hunting/Recreational (+1)
Square Footage 5,041
Cap Rate 7.00%
NOI $91,000
Lease Type NNN
Lease Expiration 05/31/2031
Price per SqFt $18
Year Built 1966
Year Renovated 2000
Stories 2
Acreage 0.990
Zoning MU-2
Parking Spaces 30 spaces
Parking per 1,000 SqFt 5.95

Retail | 7.00% CAP | 5,041 SqFt

Marketing description

Iconic Grand Junction Business and Property for sale - Graff Dairy. Here is your chance to own this local landmark - price includes business and property. Business has been successful and in operation for over 60 years, and comes with all FF&E, intellectual property, branding, recipes, inventory, etc. Property sits on a very high profile 0.95 Acre Site right off of 29 RD with high traffic counts to complement the existing Drive-Thru. The building consists of over 5000+ SF of retail, kitchen, and office space boasting enough room for additional concepts or plans for the business/property (additional restaurant, more inside seating, added retail, etc). Rare opportunity to own a historic local business with a large existing property (5000+SF) allowing for value-add, all the while being located on a long-term development-rich appx 1 Acre Site.

Call broker for additional information on business and property. NDA required for additional information & financials on the business. Contact broker for all showings - notice and appointment required. All information subject to error and to be verified by Buyer/Broker.


Investment highlights

$337.23
  • Prc/SqFt: $337.23
  • Price per Sqft: $18.00

Listing Contacts

KS
CO II 100075682
Venture Group
Listed by Venture Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$91,000.00
$7,583.33/mo

Valuation Metrics

0
DSCR
5.35%
Cap Rate
5.35%
ROI

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Additional Information

Name
KYLE SERRANO
License
II 100075682
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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