{"id":537503,"date":"2026-03-18T18:31:02","date_gmt":"2026-03-18T23:31:02","guid":{"rendered":"https:\/\/homeslandcountrypropertyforsale.com\/investment-properties\/real-estate-listings\/626-rood-avenue\/"},"modified":"2026-03-18T18:31:02","modified_gmt":"2026-03-18T23:31:02","slug":"626-rood-avenue","status":"publish","type":"estate_property","link":"https:\/\/homeslandcountrypropertyforsale.com\/investment-properties\/real-estate-listings\/626-rood-avenue\/","title":{"rendered":"Restaurant Building on Double Lot \u2013 Downtown Grand Junction, CO"},"content":{"rendered":"

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Restaurant Building on Double Lot \u2013 Downtown Grand Junction, CO<\/font><\/span><\/h2>\n

Rare opportunity to own a <\/span>down<\/span>town Grand Junction restaurant building on a double lot<\/b><\/span><\/span> \u2014 offering room to <\/span>expand, add a patio, or develop the adjoining parcel<\/span>. <\/span>This iconic property, home to 626 ON ROOD<\/b>, has been a cornerstone of downtown Grand Junction\u2019s dining scene for nearly<\/b><\/span> 20 years<\/b><\/span> and occupies one of the most sought-after hospitality locations in Western Colorado.<\/span><\/p>\n

Offered at <\/span>$1,000,000 for the building and land<\/span>, with the <\/span>busines<\/span>s and FF&E available upon request<\/span>, this property is ideal for an investor, restaurateur, or developer<\/b> seeking a prime commercial asset in the Western Slope\u2019s fastest-growing market.<\/span><\/p>\n

Property Overview<\/b><\/span><\/h2>\n

Address:<\/b><\/span> 626 Rood Avenue, Grand Junction, CO 81501<\/span><\/p>\n

Price:<\/b><\/span> $1,000,000 (Building & Real Estate Only)<\/span><\/p>\n

Type:<\/b><\/span> Restaurant \/ Bar \/ Hospitality\u00a0<\/span><\/p>\n

Zoning:<\/b><\/span> MU-3 Mixed Use District<\/span><\/p>\n

Building Size:<\/b><\/span> Approx. 2,250\u00b1 SF<\/span><\/p>\n

Lot Size:<\/b><\/span> <\/span>Double lot<\/span> with development and expansion potential (approx 51×125 ft or .144 acres)<\/span><\/p>\n

Condition:<\/b><\/span> Exceptional \u2013 well maintained and continually updated<\/span><\/p>\n

Seating:<\/b><\/span> Indoor dining plus side patio ready for expansion and front parklet rented from city<\/span><\/p>\n

Outdoor Potential:<\/b><\/span> Ample space to create an <\/span>expanded patio, garden dining area, or second structure<\/span><\/p>\n

Parking:<\/b><\/span> On-street and nearby public lots<\/span><\/p>\n

Delivery:<\/b><\/span> Vacant at closing<\/span>
<\/span><\/p>\n

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<\/span><\/h2>\n

Investment Highlights<\/b><\/span><\/span><\/h2>\n

Double Lot in Prime Downtown Location:<\/b><\/span>\u00a0Rare opportunity to expand or develop adjacent parcel for outdoor dining or future mixed-use structure<\/span><\/p>\n

Proven Hospitality Site:<\/b><\/span>\u00a0Home to the award-winning 626 ON ROOD, a cornerstone of Grand Junction\u2019s food and wine scene for nearly 20 years\u00a0<\/span><\/p>\n

Turnkey Restaurant Infrastructure:<\/b>\u00a0<\/span>Fully equipped kitchen and bar (FF&E available separately)<\/span><\/p>\n

Zoned MU-3:<\/b><\/span>\u00a0Allowing a variety of commercial uses including restaurant, brewery, tasting room, event venue, or retail<\/span><\/p>\n

High Visibility & Foot Traffic:<\/b><\/span>\u00a0Steps from Main Street, theaters, galleries, and boutique shops<\/span><\/p>\n

Tourism-Driven Market:<\/b><\/span>\u00a0Located in Downtown Grand Junction and Minutes from Colorado National Monument, Grand Mesa, and the Grand Valley wine country<\/span><\/p>\n

<\/span>
\n<\/span><\/p>\n

Downtown Redevelopment Momentum:<\/b>\u00a0<\/span>Growing demand for mixed-use and experiential hospitality<\/span><\/p>\n

Financial Overview<\/b><\/span><\/h2>\n

Price:<\/b><\/span> $1,000,000<\/span><\/p>\n

Business & FF&E:<\/b><\/span> Available upon request<\/span><\/p>\n

Annual Property Tax:<\/b><\/span> Approx. $<\/span>9,105.81<\/span><\/p>\n

Cap Rate:<\/b> 6.3<\/span>%; buyer to verify based on intended use or lease terms<\/span>
<\/span><\/p>\n

NOI: <\/b>$63,060<\/span><\/p>\n

Lease Demand:<\/b><\/span> Strong for downtown restaurant\/bar spaces with outdoor areas<\/span><\/p>\n

Downtown Grand Junction Area Overview<\/b><\/span><\/h2>\n

Downtown Grand Junction<\/span><\/a> <\/span>\u00a0is <\/span>the <\/span><\/span>cultural and economic heart of Colorado\u2019s Western Slope<\/span>, anchored by a vibrant mix of restaurants, boutique retailers, and year-round events.<\/span><\/p>\n

<\/span><\/p>\n

The district is home to <\/span>Art on the Corner<\/span><\/a>, one of the largest outdoor art installations in the country, and draws heavy foot traffic from locals, visitors, and students from nearby <\/span>Colorado Mesa University<\/span><\/a>.<\/span><\/p>\n

The a<\/span>rea\u2019s continued investment in walkability, tourism, and local business support makes this property a <\/span><\/span>strategic long-term investment<\/b><\/span> for both owner-operators and real estate investors.<\/b><\/span><\/p>\n


<\/span><\/p>\n

Broker Contact<\/b><\/span><\/h2>\n

United Country Real Colorado Properties \u2013 Commercial Division<\/b><\/span><\/p>\n

Tanette Smith<\/b> | Commercial Real Estate Broker<\/span>
<\/span>970-424-3735\u00a0<\/span><\/p>\n

Michael Krieg<\/b> | Commercial Real Estate Broker<\/span>
<\/span>970-640-4772<\/span>
<\/span> <\/span><\/p>\n

Experts in Restaurant, Bar & Hospitality Real Estate<\/b><\/span><\/p>\n


<\/span><\/p>\n


<\/span><\/p>\n

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<\/span><\/div>\n<\/h2>\n

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<\/p>\n

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PROPERTY HIGHLIGHTS:<\/strong><\/p>\n\n\n\n\n\n
<\/i>Restaurant for sale Colorado<\/td>\n <\/i>626 Rood Ave Grand Junction CO<\/td>\n <\/i>Michael Krieg Commercial Broke<\/td>\n <\/i>Businesses for Sale<\/td>\n<\/td>\n<\/tr>\n
<\/i>Tanette Smith Commercial Broke<\/td>\n <\/i>Downtown Grand Junction<\/td>\n <\/i>Commerical Building Double lot<\/td>\n <\/i>Restaurant & Bar<\/td>\n<\/td>\n<\/tr>\n
<\/i>Investment Building for sale<\/td>\n <\/i>Restaurant on double lot<\/td>\n <\/i>Commercial Property<\/td>\n <\/i>Investment & Income<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Restaurant Building on Double Lot \u2013 Downtown Grand Junction, CO Rare opportunity to own a downtown Grand Junction restaurant building on a double lot \u2014 offering room to expand, add a patio, or develop the adjoining parcel. This iconic property, home to 626 ON ROOD, has been a cornerstone of downtown Grand Junction\u2019s dining scene for nearly 20 years and occupies one of the …<\/p>\n","protected":false},"featured_media":537504,"comment_status":"closed","ping_status":"closed","template":"","property_category":[8687],"property_action_category":[8851],"property_city":[539],"property_area":[9114],"property_county_state":[7],"property_features":[9932,9927,9925,9940,9955],"property_status":[7428],"class_list":["post-537503","estate_property","type-estate_property","status-publish","has-post-thumbnail","hentry","property_category-united-states","property_action_category-commercial","property_city-grand-junction","property_area-mesa","property_county_state-colorado","property_features-community-activities","property_features-handicapped-accessible","property_features-outbuildings","property_features-restaurants-shopping","property_features-sprinkler-system","property_status-pending"],"yoast_head":"\nRestaurant 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