About 626 Rood Avenue
Meticulously maintained and updated restaurant building on a double lot in Downtown Grand Junction, Colorado. This 2,250± SF property includes MU-3 zoning and strong potential for expansion or mixed-use development on the adjoining lot. The building features a fully equipped kitchen and bar (FF&E available separately), indoor dining, and an existing front parklet that is rented from the city for patio dining. The adjoining lot currently serves as a second patio area but is zoned for potential residential or commercial development (consult city planning for specific use options.) Currently home to 626 ON ROOD, a landmark in the city's dining and wine scene for nearly 20 years, and located just steps from Main Street, theaters, galleries, and boutique shops. The site benefits from excellent foot traffic, parking spaces for staff behind the building, on-street and nearby public parking, and is surrounded by thriving independent businesses. With its exceptional visibility and tourism-driven market near the Colorado National Monument and Grand Valley wine country, this property offers a strategic investment opportunity for restaurateurs, developers, or investors in Western Colorado's fastest-growing market.
Price Change History
| Date | Details | Change |
|---|---|---|
| Date: | Details: Price Reduced from $1,450,000 to $1,000,000 | Change: ↓ $450,000 (31.03%) |
Features of 626 Rood Avenue
| MLS® # | 182374 |
|---|---|
| Price | $1,000,000 |
| Acres | 0.14 |
| Year Built | 1906 |
| Type | Commercial Sale |
| Sub-Type | Business with Real Estate |
| Status | Active |
Community Information
| Address | 626 Rood Avenue |
|---|---|
| Major Area | Out of Area |
| Area | Within Colorado |
| Subdivision | Out of Area |
| City | Grand Junction |
| County | Mesa |
| State | CO |
| Zip Code | 81501 |
Amenities
| Utilities | Natural Gas Available |
|---|
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Roof | Other, Membrane |
|---|
Additional Information
| Date Listed | January 30th, 2024 |
|---|---|
| Zoning | MIxed Use -3 |
| Short Sale | No |
| RE / Bank Owned | No |
| Data Source | AGSMLS |
| Year Remodeled | 2006 |
| Short Termable | No |
Subdivision Statistics
| Listings | Average Price | Average $/SF | Median $/SF | List/Sale price | |
|---|---|---|---|---|---|
| Active Listings 219 | Average Price $2,111,510 | Average $/SF $7,533 | Median $/SF $650 | Listing Price $1,000,000 |