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Retail Suite with Riverfront Visibility
For Lease
$2,888/Mo

1021 Mayfly Drive, Montrose, CO 81401

COMMERCIAL - Montrose, CO

Property Size15,555 SF
Days on Market334

Property Features for 1021 Mayfly Drive

General Information

Property type Commercial Lease
Property subtype Other
Property condition Under Construction
Zoning description l-1
Directions When heading south on Grand Ave, Turn Right on Mayfly Dr and the building will be left of the Mayfly Building. Right of Shelter Distilling.
Subdivision Montrose
Standard status Active
Size 15,555 SF

Building Details

Year built 2026
Listing Agency: COLDWELL BANKER DISTINCTIVE PROPERTIES
Listed By: John Metcalf
Added: Sep 2, 2025 Changed: Jul 31 Last Checked: Aug 1 at 8:06AM
MLS# 20254242

Copyright © 2026 Grand Junction Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Suite 105 at 1021 Mayfly Drive in Montrose is currently under construction, with construction slated for 2026. At 15,555 square feet, the suite offers a functional layout suited to boutique retail, service-based businesses, or a professional office.

The suite benefits from frontage along the River’s Edge development, providing visibility within a growing community hub. The size and configuration make it well suited for new operations or expanding businesses looking for a modern, efficient space.

With its River’s Edge frontage and flexible use profile, Suite 105 provides a strong foundation for tenants seeking a retail or service-oriented presence in Montrose.

Key Highlights

  • Suite 105, under construction with 2026 completion
  • 15,555 SF retail/service/office suite
  • Frontage along the River’s Edge development

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$0.33 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

223
Businesses Nearby

Demographics for 81401, CO

23,266
Population
10,782
Households
2.2
Avg Household Size
44
Median Age
29%
College-Educated
91%
High-School Grad
200.2 sq mi
ZIP Area
116
Density / Sq Mi
$63,541
Median Household Income
$36,548
Median Earnings
$1,090
Median Rent
$343,000
Median Home Value

Market

Lease Benchmarks for Montrose, CO

$5.66 /SF/Yr
Avg Asking Price
$2.23–$28 /SF/Yr
Price Range
13,755 SF
Avg Space Size

This space is priced 61% below the average of $5.66 /SF/Yr.

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Suite 105 is under construction and designed for boutique retail, service uses, or office applications along River’s Edge.
Where is this retail space located?
The property is located at 1021 Mayfly Drive Montrose, CO.
What is the lease rate?
The lease rate is $2,888 /Mo.
What are key features of this property?
This property features: Suite 105, under construction with 2026 completion; 15,555 SF retail/service/office suite; Frontage along the River’s Edge development
More about this property
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