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    Historic Boutique Hotel
    Updated: Apr 12
    Historic Boutique Hotel

    337 Colorado Ave, Grand Junction, CO 81501

    Contact for pricing
    Historic Melrose Hotel built in 1910 in downtown Grand Junction, CO on Colorado Ave
    21‑room boutique hotel with 18 rooms operational and 3 additional rooms set aside for the previous hotelier (convertible)
    Kitchen and common area remodeled in 2016
    Victorian design with each room having different decor
    Walkable to Main St, Greyhound, Museum of the West, Avalon Theatre, shops, restaurants, and bars
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Grand Junction, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Mixed-Use Hospitality Property
    Turnkey Mixed-Use Hospitality Property

    502 W Main Street, New Castle, CO 81647

    $1,450,000
    7,474 sqft 0.11 AC lot

    Seven residential units and a leased ground-floor salon support a turnkey lodging operation.

    View details
    Historic Landmark Mixed-Use Potential
    Historic Landmark Mixed-Use Potential

    165 Midland Avenue, Basalt, CO 81621

    $12,500,000
    5,364 sqft 0.32 AC lot

    Iconic Basalt property with redevelopment potential in prime downtown location.

    View details
    Turnkey Mixed-Use Income Property
    Turnkey Mixed-Use Income Property

    502 W Main St, New Castle, CO 81647

    $1,450,000

    Turnkey mixed-use building with seven residential units and a ground-floor salon lease, plus retained restaurant venting.

    View details
    Historic Basalt Mixed-Use Opportunity
    Historic Basalt Mixed-Use Opportunity

    165 Midland Ave, Basalt, CO 81621

    $12,500,000
    5,547 sqft 0.32 AC lot

    Iconic property with redevelopment potential in downtown Basalt.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Hospitality-Oriented Development Land
    Hospitality-Oriented Development Land

    Crossroads Boulevard, Grand Junction, CO 81506

    $785,000
    2.35 AC lot

    2.35-acre C-1 development site with visibility near the I-70 Horizon Drive interchange.

    View details
    Commercial Development Land Site
    Commercial Development Land Site

    2756 Crossroads Boulevard, Grand Junction, CO 81506

    $1,650,000
    3.65 AC lot

    Three-parcel site with Crossroads Boulevard and Compass Drive frontage, suited for hospitality, office, or mixed-use planning.

    View details
    PUD-Mixed Use Development Land
    PUD-Mixed Use Development Land

    2370 G Road lot: 4, Grand Junction, CO 81505

    $1,944,522
    2.48 AC lot

    Proposed 5-lot subdivision positioned for shovel-ready development with PUD/mixed-use zoning.

    View details
    Build-Ready Land Site
    Build-Ready Land Site

    2376 G Road, Grand Junction, CO 81505

    $1,699,000
    2.81 AC lot

    Build-ready commercial land site of 2.81 acres, directly across from Community Hospital in Grand Junction, Colorado.

    View details

    Off-Market Properties in Grand Junction, CO

    Consider similar Off-Market properties in Grand Junction, CO. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2430 Patterson Rd
    HOTEL

    2430 Patterson Rd, Grand Junction, CO 81505-1366

    Value Estimation by Request
    6,741 sqft 0.62 AC lot
    View details
    681 Horizon Dr
    HOTEL

    681 Horizon Dr, Grand Junction, CO 81506-1995

    $1,930,000
    Estimated value
    56,604 sqft 0.79 AC lot
    View details
    1005 12th St
    HOTEL

    1005 12th St, Grand Junction, CO 81501-3109

    $945,000
    Estimated value
    11,815 sqft 0.42 AC lot
    View details
    1460 Nn Ave
    HOTEL

    1460 Nn Ave, Grand Junction, CO 81501-6444

    Value Estimation by Request
    7,350 sqft 0.47 AC lot
    View details
    905 Struthers Ave
    HOTEL

    905 Struthers Ave, Grand Junction, CO 81501-3804

    $2,260,000
    Estimated value
    10,538 sqft 1.36 AC lot
    View details
    2405 Patterson Rd
    HOTEL

    2405 Patterson Rd, Grand Junction, CO 81505-1205

    $3,530,000
    Estimated value
    59,860 sqft 7.92 AC lot
    View details
    2428 Patterson Rd
    HOTEL

    2428 Patterson Rd, Grand Junction, CO 81505-1215

    $5,900,000
    Estimated value
    26,660 sqft 2.42 AC lot
    View details
    1547 Independent Ave
    HOTEL

    1547 Independent Ave, Grand Junction, CO 81505-7256

    Value Estimation by Request
    11,000 sqft 3.21 AC lot
    View details
    718 Horizon Dr
    HOTEL/MOTEL

    718 Horizon Dr, Grand Junction, CO 81506-3907

    $3,950,000
    Estimated value
    159,800 sqft 5.05 AC lot
    View details
    721 Horizon Dr
    HOTEL/MOTEL

    721 Horizon Dr, Grand Junction, CO 81506-3906

    $2,005,000
    Estimated value
    23,280 sqft 1.39 AC lot
    View details
    1201 Wellington Ave
    HOTEL

    1201 Wellington Ave, Grand Junction, CO 81501-8809

    $1,335,000
    Estimated value
    5,957 sqft
    View details
    519 Main St
    HOTEL

    519 Main St, Grand Junction, CO 81501-2607

    $1,455,000
    Estimated value
    23,374 sqft 0.29 AC lot
    View details
    337 1st St
    HOTEL

    337 1st St, Grand Junction, CO 81501-2207

    $610,000
    Estimated value
    13,828 sqft 0.73 AC lot
    View details
    2458 I 70th Business Loop
    HOTEL

    2458 I 70th Business Loop, Grand Junction, CO 81501-8051

    $950,000
    Estimated value
    6,250 sqft 0.86 AC lot
    View details
    403 Main St
    HOTEL

    403 Main St, Grand Junction, CO 81501

    $1,900,000
    Estimated value
    5,000 sqft 0.07 AC lot
    View details
    1560 Nn Ave
    HOTEL

    1560 Nn Ave, Grand Junction, CO 81501-6407

    Value Estimation by Request
    2,877 sqft 0.12 AC lot
    View details
    2751 Xrds Blvd
    HOTEL/MOTEL

    2751 Xrds Blvd, Grand Junction, CO 81506-8712

    $10,000,000
    Estimated value
    74,517 sqft 2.46 AC lot
    View details
    401 Main St
    HOTEL

    401 Main St, Grand Junction, CO 81501-2511

    Value Estimation by Request
    5,960 sqft 0.07 AC lot
    View details
    1700 I 70th Business Loop Ste, Unit 6
    HOTEL

    1700 I 70th Business Loop Ste, Grand Junction, CO 81501-8003

    Unit 6
    $600,000
    Estimated value
    7,627 sqft 0.68 AC lot
    View details
    2460 I 70th Business Loop
    HOTEL

    2460 I 70th Business Loop, Grand Junction, CO 81501-8061

    Value Estimation by Request
    5,000 sqft 0.78 AC lot
    View details
    124 22nd Ct
    HOTEL

    124 22nd Ct, Grand Junction, CO 81501-8055

    $545,000
    Estimated value
    11,980 sqft 0.51 AC lot
    View details
    765 Horizon Dr
    HOTEL/MOTEL

    765 Horizon Dr, Grand Junction, CO 81506-3965

    $2,605,000
    Estimated value
    79,185 sqft 3.04 AC lot
    View details
    767 Horizon Dr
    HOTEL/MOTEL

    767 Horizon Dr, Grand Junction, CO 81506-3965

    $2,345,000
    Estimated value
    75,811 sqft 2.05 AC lot
    View details

    Grand Junction, CO Hotels Market Trends and Statistics

    Explore 72 hotels for sale in Grand Junction, CO on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $0.00.

    Sale prices for resorts in Grand Junction, CO start at $0.00, averaging $0.00, and reaching up to $0.00 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bed & breakfasts 1
    Hotels 1

    Demographics Overview

    Population 112K
    Population Growth (5Y) +6.4%
    Median Household Income $72,757
    College Educated 40.7%

    Taxes & Financing

    Tax Rate (average for all types) 6.95%
    Property Tax per SF $95.50 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Mesa County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Grand Junction fall within the 100,000+ square foot range.

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