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    518 Colorado Ave Grand Junction, CO 81501

    For Lease
    $2,600 /Mo ($10 SF/Yr)

    COMMERCIAL - Grand Junction, CO

    Property size:
    3,000 SF
    Days on Market:
    66
    Last Refresh:
    Dec 10 at 4:06 am

    Property Features for 518 Colorado Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Size
    3,000 SF

    Building Details

    Year built
    1910

    VENTURE GROUP (970) 778-0796

    Listing agent Theresa Englbrecht (970) 201-1849

    Listing date Oct 6, 2025

    Overview

    Downtown Grand Junction Commercial Space

    Located in the heart of downtown Grand Junction, this 3,000 sq. ft. commercial space offers a rare opportunity in a high-traffic area on Colorado Avenue, just off the corner of 5th and Colorado. The versatile open floor plan provides a blank canvas suitable for a wide range of uses, including retail, office, or restaurant concepts. An exposed brick wall adds character, and an 8-foot overhead door off the alley provides convenient access for deliveries. Previously used as a retail space, the property is ready to adapt to various business visions. The area is bustling and rapidly growing, offering excellent potential in one of Grand Junction's most dynamic locations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Real Deals On Home ... Interior Designer High Desert Authentiques Antique Store

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Junction
    County
    Mesa
    State
    Colorado
    Longitude
    -108.563907
    Latitude
    39.066597

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    FAQs

    What type of property is this?
    Retail space - 3,000 sq ft commercial space in downtown Grand Junction.
    Where is this retail space located?
    The property is located at 518 Colorado Ave Grand Junction, CO.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the heart of downtown Grand Junction on high-traffic Colorado Avenue.; - Versatile 3,000 sq. ft. open floor plan suitable for retail, office, or restaurant.; - High visibility and foot traffic in a rapidly growing downtown corridor.
    (970) 201-1849
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    518 Colorado Ave Grand Junction, CO 81501
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    Grand Junction, CO 81501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    518 Colorado Ave Grand Junction, CO 81501
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