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About This Home
This land at 2691 Highway 50 in Grand Junction, CO is listed for $429,000 (0.58 acres).
Prime Mixed-Use Development Opportunity on Orchard Mesa This 25,264 sq. ft. lot on Highway 50 in the heart of Orchard Mesa offers an exceptional chance to develop a mixed-use property with significant potential. With multifamily use already permitted, the site is shovel-ready for an 8-unit apartment complex, complete with engineered drawings.
The owner is even open to developing the site for the buyer. Key Features: - Ready for Development: All essential utilities (water, sewer, power) are in place, and off-site improvements are complete, including a 2-inch water tap for immediate use. - 8-Unit Apartment Potential: Up to 8,000 sq.
ft. of buildable space can accommodate eight spacious 2-bedroom, 2-bathroom units. - Versatile Zoning: The property's flexible zoning allows for a wide array of uses beyond multifamily, including: o Daycare facilities o Community assembly o Medical/dental offices o Animal care/clinics o Taverns/breweries o Restaurants o Retail sales o Minor vehicle repair o Vehicle fuel and service stations o Car washes o And much more!
- Ideal Location: Situated amidst established residential subdivisions and businesses, the property benefits from its proximity to Dos Rios Elementary and popular franchises like Subway, Taco Bell, Dominos, and Dairy Queen, ensuring high visibility and demand. This highly desirable location and versatile zoning make this lot an excellent investment with endless development opportunities.
Key Features
- 0.58 acre lot
Location
2691 Highway 50
Grand Junction, CO 81503
Questions & Answers
This 0-bedroom, 0-bathroom land at 2691 Highway 50 is listed at $429,000. The estimated monthly payment is $1,859 based on 20% down at 6.5% interest.
Key features include: 0.58 acre lot.
This property is listed by Katie Davis and can be reached at 9707785083 or katie@brayandco.com.