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2194 McKinley Drive Grand Junction, CO 81507
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Key Details
Sold Price $615,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20232552
Sold Date 01/16/24
Annual Tax Amount $3,045
Lot Dimensions 125 x 175
Property Sub-Type Commercial
Property Description
Investment property in the Redlands currently leased to an Assisted Living Facility (Monument Assisted Living Care Center). Leased at $3,200/mo. through February 2026. Business is stable and has been around for many years. Property is zonedRSF-2, and would allow for splitting it into a duplex if desired. Great location in the Redlands, this property could be converted to multi-family easily or continued as Assisted Living/Nursing Home/etc. Property has 10 bedrooms (8 conforming), 4 bathrooms, and a 1/2 acre lot with in-ground pool. Stable investment property with good future upside on income and appreciation value.
Location
State CO
County Mesa
Area Redlands
Direction Turning south onto S. Camp Rd from S Broadway, turn right on McKinley Drive, property is 3rd house on the right
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Bought with ALYSSA NEEDHAM REALTY, LLC
Nearby Locations
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