Medical Office Building with Open
For Sale
$4,925,000
1035 Wellington Avenue, Grand Junction, CO 81501
CommercialSale, Grand Junction, CO
Property SizeContact for details
Days on Market76
Property Features for 1035 Wellington Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
MU-1
Directions
7th St south of Patterson then east on Wellington. Last building on the right before 90-degree curve in road.
Subdivision
Grand Junction City
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
73298
Listing Agency:
S.U.R.E., LLC
(970) 300-5857
Listed By:
Dale Beede · License #EA271161
(970) 250-9500
Added: Jun 11
Changed: Aug 24
Last Checked: Aug 25 at 10:06PM
MLS# 20262841
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.
This medical office property includes a mix of occupied and available space, with 60% currently leased and 40% open for a future tenant or buyer occupancy. The leased portion has 4 1/2 years remaining on its term. Interior features include high ceilings and expansive open areas that support flexible office planning.
A new roof was installed in 2025. The property is located at 1035 Wellington Avenue in Grand Junction, Colorado. The offering reflects a 6% cap rate calculated solely on the leased square footage.
A new roof was installed in 2025. The property is located at 1035 Wellington Avenue in Grand Junction, Colorado. The offering reflects a 6% cap rate calculated solely on the leased square footage.
Key Highlights
- 60% of the property is leased with 4 1/2 years remaining on the current term
- 40% is available for lease or buyer occupancy
- New roof installed in 2025
Property Analytics
Property Profile
Current Use
Lease Details
60%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,965
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81501, CO
23,935
Population
11,524
Households
2.1
Avg Household Size
33
Median Age
27%
College-Educated
90%
High-School Grad
8.7 sq mi
ZIP Area
2,751
Density / Sq Mi
$48,500
Median Household Income
$32,160
Median Earnings
$974
Median Rent
$283,300
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office property combines existing tenancy with additional space for lease or owner occupancy.
Where is this medical office space located?
The property is located at 1035 Wellington Avenue Grand Junction, CO.
What is the asking price?
The asking price for this property is $4,925,000.
What are key features of this property?
This property features: 60% of the property is leased with 4 1/2 years remaining on the current term; 40% is available for lease or buyer occupancy; New roof installed in 2025
