946 N 7th St

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946 N 7th St

Grand Junction, CO 81501
Asking Price
$400K
Asset Type
Creative Office Hospitality
Class
Class B

What's Special

Retail, Office, Hospitality <p><span style="color: rgba(0, 0, 0, 1)">Attn Investors & Builders! MU-1 zoned .20 ac corner lot just 1 block from CMU & 5 blocks from Lincoln Park. Development potential for multi-family, residential + commercial, or mixed- use β€” density calculated with half-width of 7th St. STR allowed by Right</span></p>

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NOI
$80,000
Cap Rate
20.01%
DSCR
3.37
Strong
Cash-on-Cash
46.89%
Monthly Payment
$1,978.487
Annual Cash Flow
$56,258.156

Location & Travel Times