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437 W Aspen Avenue Fruita, CO 81521
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Key Details
Sold Price $850,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,039 sqft
Price per Sqft $210
Subdivision Area 26
MLS Listing ID 20226086
Sold Date 01/09/25
Style Ranch
Bedrooms 8
Year Built 1928
Annual Tax Amount $5,936
Tax Year 2023
Acres 0.52
Lot Dimensions 125x290 Irregular
Property Description
Don't miss out on this incredible investment opportunity in the heart of Fruita, CO! Situated on a prime downtown corner lot, this expansive property offers endless potential for investors. Boasting a spacious 1260 SqFt storefront, currently operating as an antique store, and five additional rental units, this property is a true gem. The five residential units are fully leased, providing a steady income stream, and conveniently share an on-site laundry facility. As an added bonus, this property is spread across several city lots, offering the possibility of future development and expansion. Parking is never an issue, as there are ample off-street parking spaces available in two lots dedicated for both tenants and retail customers. Convenience is key, as this property is just moments away from the Main Circle, community center, schools, and the hospital. Plus, with the grocery store located just across the street, tenants and customers will enjoy unparalleled convenience. To top it off, there is an extra lot of land with no structures currently built, presenting an opportunity for additional development or expansion. Don't let this prime real estate slip through your fingers. Book a showing today and seize this extraordinary investment opportunity!
Location
State CO
County Mesa
Area Fruita
Direction From Park Sq Circle: Head WEST on Aspen Ave, property is on the corner of Aspen Ave & S Coulson St. - Once commercial building and 5 rental units.
Interior
Interior Features Ceiling Fan(s), Other, Pantry, See Remarks, Vaulted Ceiling(s), Walk-In Shower
Heating Forced Air, Natural Gas, Wall Furnace
Cooling Window Unit(s)
Flooring Laminate, Linoleum, Simulated Wood
Fireplace false
Window Features Window Coverings
Appliance Dishwasher, Gas Oven, Gas Range, Microwave, Other, Refrigerator, See Remarks
Exterior
Exterior Feature None
Parking Features Guest
Amenities Available None
Roof Type Asphalt,Composition
Present Use Mixed Use
Street Surface Gravel,Paved
Handicap Access None, Low Threshold Shower
Porch None
Building
Lot Description Corner Lot, Irregular Lot, Other, See Remarks
Faces South
Foundation Slab
Sewer Connected
Water Public
Structure Type Stucco,Wood Frame
Schools
Elementary Schools Shelledy
Middle Schools Fruita
High Schools Fruita Monument
Others
HOA Fee Include None
Tax ID 2697-172-17-024
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Bought with GRAND JUNCTION AREA REALTOR ASSOC
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