Fruita, CO 81521,437 W Aspen Avenue
Fruita, CO 81521,437 W Aspen Avenue
Fruita, CO 81521,437 W Aspen Avenue
40
$850,000
$800,000
6.3%
Est.Price: ?

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8 BD
6 BA
4,039 SqFt

437 W Aspen Avenue Fruita, CO 81521

Est. payment /mo
SOLD DATE : 01/09/2025

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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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Listed by THE CHRISTI REECE GROUP
Bought with GRAND JUNCTION AREA REALTOR ASSOC

GET MORE INFORMATION

agent

Jerid Wempen

Broker

+1(720) 297-4020

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