1636 Grande Avenue
Monte Vista, CO 81144
13200 sqft | 0.82 acres | #2069736
Description
SALE, LEASE, OR OPTION:
Exceptional opportunity for an owner-user, investor, or both! This prime property boasts high-visibility Highway 160 frontage and signage, featuring 35,000 square feet of land and a 13,200 square foot building. Whether for a single or multiple tenants, this is a high-income producing asset priced drastically below replacement cost at just $25 per square foot—offering significant value-add and redevelopment potential.
With rising construction costs, limited availability along Highway 160, and major new developments underway in Monte Vista, now is the time to own a premier location ideal for growth, expansion, and new tenant entry into the SLV market.
The seller is open to leasing all or part of the land/building and welcomes all viable purchase offers, seller financing, or joint venture development proposals. A current market rent analysis supports a strong double-digit estimated ROI of 15%, making this a compelling capitalization and return on investment opportunity.
Property Details
- Utility FeaturesElectricity Available, Electricity Connected, Electricity To Lot Line, Sewer Connected
- Sewer InformationPublic Sewer
- CountyRio Grande
- Property TypePurchase
- MLS #2069736
- MLS #2069736
- Utility SourcePublic
- Taxes Annual$3,225
- Cost339000
- Property SubtypeRetail
- Square Feet13200
- Acres0.82
- Year Built1964
Location
Legal
Based on information submitted to the MLS GRID as of 2025-05-29 20:30:16 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Ryan Morgan (#REC55038813), Phone: 719-589-0770, Email: ryanmorgan13@gmail.com
Listing Office: Colorado Realty & Land Co. (#RECR0008)
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