Mixed-Use

Palisade Place

305 Main St, Grand Junction, CO 81501

Listing Price: $1,165,000

Cap Rate
6.15%
Number of Units
5
Occupancy
72.93%
Price/Unit
$233,000
Price/Gross SF
$102.25
Gross SF
11,394

Investment Overview

Marcus & Millichap is pleased to offer Palisade Place, an 11,000+ SF Mixed-Use building in Palisade, Colorado.

Investment Highlights

  • 11,000+ SF Mixed-Use Building with Second Story Apartments, Ground Floor Retail, and An Off-Street Paved Parking Lot
  • Renovated Bank Style Apartments with Rental Upside
  • Retail Building Storefronts Located on Main Street in Downtown Palisade

Exclusively Listed By

Listing Price: $1,165,000

Cap Rate
6.15%
Number of Units
5
Occupancy
72.93%
Price/Unit
$233,000
Price/Gross SF
$102.25
Gross SF
11,394

Investment Highlights

  • 11,000+ SF Mixed-Use Building with Second Story Apartments, Ground Floor Retail, and An Off-Street Paved Parking Lot
  • Renovated Bank Style Apartments with Rental Upside
  • Retail Building Storefronts Located on Main Street in Downtown Palisade

Investment Overview

Marcus & Millichap is pleased to offer Palisade Place, an 11,000+ SF Mixed-Use building in Palisade, Colorado.

Exclusively Listed By

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