Medical Office Suite with
For Sale
Contact for pricing
2139 North 12th Street, Grand Junction, CO 81501
Well-maintained suite with six private offices, reception, break room/storage, and ample parking.
Property Size1,475 SF
Price / SF$220.34
Days on Market113
Property Features for 2139 North 12th Street
General Information
Standard status
Active
Size
1,475 SF
Property subtype
Office
Zoning
MU-1
Building Details
Year Built
2001
Stories
1
Units
1
Listing Agency:
Coldwell Banker Distinctive Properties Grand Junction
Listed By:
John Metcalf · License #FA. 100106254
(760) 685-4995
Source:
Crexi
Added: Jul 3
Changed: Oct 16
Last Checked: Oct 23 at 6:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Distinctive Properties Grand Junction
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Investment Insights
Based on property information with market context.
This well-maintained commercial suite is positioned within 12th Street Plaza and is configured for professional use, including retail, office, or medical applications. The interior includes six private offices, a welcoming reception area, and a storeroom/break room space, providing a functional layout for day-to-day operations.
The property is located near St. Marys Hospital and Colorado Mesa University, with ample parking for both clients and staff. Recent improvements include a roof replacement, which supports long-term ownership.
The seller is also open to discussing lease-back options for qualified buyers, and showings must be accompanied by the listing agent. This is a confidential listing; the sale should not be discussed with employees currently operating within the business.
The property is located near St. Marys Hospital and Colorado Mesa University, with ample parking for both clients and staff. Recent improvements include a roof replacement, which supports long-term ownership.
The seller is also open to discussing lease-back options for qualified buyers, and showings must be accompanied by the listing agent. This is a confidential listing; the sale should not be discussed with employees currently operating within the business.
Key Highlights
- Well‑maintained commercial space in 12th Street Plaza with flexible layout for retail, office, or medical use
- Includes 6 private offices, a reception area, and a storeroom/break room space
- Recently replaced roof for added peace of mind
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,939
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,780
$278.8K
Cap Rate 7%
$199,129
$199.1K
Cap Rate 9%
$154,878
$154.9K
Market Conditions
NOI Build-Up for 1,475 SF
Gross rent
$26.6K $18.00/SF
− Vacancy
−$8.0K −$5.40/SF
EGI
$18.6K $12.60/SF
− OpEx
−$4.6K −$3.15/SF
NOI
$13.9K $9.45/SF
Area
Mesa County, CO
Vacancy
30.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,780
Cap Rate 7%
$199,129
Cap Rate 9%
$154,878
Alternative Uses
Best Use
Healthcare Medical
$2.80M
$2.45M – $3.27M
NOI $195,939 @ 7.0% cap · market cap 60.29%
Second Best
Office B
$199.1K
$174.2K – $232.3K
NOI $13,939 @ 7.0% cap · market cap 4.29%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,883
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Well-maintained suite with six private offices, reception, break room/storage, and ample parking.
Where is this office unit located?
The property is located at 2139 North 12th Street Grand Junction, CO.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Well‑maintained commercial space in 12th Street Plaza with flexible layout for retail, office, or medical use; Includes 6 private offices, a reception area, and a storeroom/break room space; Recently replaced roof for added peace of mind
