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Office Condominium Near Retail Anchors
For Sale
$525,000
Pending

2412 Patterson Road, Grand Junction, CO 81505

CommercialSale, Grand Junction, CO

Property SizeContact for details
Days on Market51

Property Features for 2412 Patterson Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description C-1
Directions NEC of Patterson Road and Market Street.
Subdivision North Grand Junction
Standard status Pending

Taxes and HOA fees

Tax Annual Amount 6316
Listing Agency: TIMOTHY A. WHITNEY
Listed By: Tim Whitney
Added: Jul 12 Changed: Aug 30 Last Checked: Aug 31 at 8:06AM
MLS# 20263498

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 office condominium combines office and retail use in a commercial property with an existing tenant. The reported 7% cap rate provides a specific investment metric for evaluation.

The property is positioned across Patterson Road from Mesa Mall and east of City Market in Grand Junction. Subway and Cafe Rio are identified as immediate neighboring businesses. Tenant activity should not be disturbed; property access is by appointment with the listing broker present.

Key Highlights

  • Office and retail condominium configuration
  • Reported 7% cap rate
  • Existing tenant in place

Property Analytics

Current Use

John Poovey Dental Office Aero Studio Salons Hair Salon Amici Studio Salon Hair Salon LV Spa & Nails Nail Salon Dr. Brandon Wilcox Dental Office

Suggested Use

Top Pick Plumbing Service Bakery (Bike/Boat/Book/etc) Store Electrical Service Carpet & Flooring Store Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

908
Businesses Nearby

Demographics for 81505, CO

11,791
Population
5,379
Households
2.2
Avg Household Size
41
Median Age
42%
College-Educated
96%
High-School Grad
72.1 sq mi
ZIP Area
164
Density / Sq Mi
$87,677
Median Household Income
$46,560
Median Earnings
$1,424
Median Rent
$436,800
Median Home Value

Market

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?
Office units - Office and retail condominium with an existing tenant and a reported 7% cap rate.
Where is this office units located?
The property is located at 2412 Patterson Road Grand Junction, CO.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Office and retail condominium configuration; Reported 7% cap rate; Existing tenant in place
More about this property
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