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1940 North Ave
Grand Junction, CO 81501

$2,200,000 USD

Hotel For Sale • 9,240 SF

Property Details

Property Type Hotel
Total Building Size 9,240 SF
Lot Size 0.99 AC
Building Class C
Year Built 1948
Cap Rate 7.46 %
Zoning C-1

23 Transit Score

76 Walk Score

                
                    Highlights
                
                                New HVAC
                            
                                New Electrical
                            
                                Updated Units

Property Flyers

2024 P&L

Rent Roll 11.15.25

2025 P&L

Financial Summary (Proforma)

Net Operating Income: $186,962 USD (2026)

Cap Rate:	7.46 %
Total Expenses:	$64,438 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Marianna Ujwary

Public Transportation

Commuter Rail	Drive	Walk	Distance
	7 min	-	2.5 mi
Airport	Drive	Walk	Distance
Grand Junction Regional	11 min	-	4.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	32
Type:	Surface
Included in Rent:	Yes

Daniel Bishop 970-615-0201 Century 21 Elevated Real Estate

1940 North Ave Grand Junction, CO 81501