Flex Space with Office and
New
For Sale
$745,000
2509 1/2 Weslo Avenue, Grand Junction, CO 81505
Climate-controlled commercial space pairs customer-facing areas with a functional shop and warehouse layout.
Property Size3,040 SF
Lot Size0.14 Acres
Price / SF$245.07
Days on Market1
Property Features for 2509 1/2 Weslo Avenue
General Information
Standard status
Active
Size
3,040 SF
Lot size
0.14 Acres
Property subtype
Commercial
Zoning
CG
Site & Location
Road Access
Yes
Mixed-Use Components
retail, warehouse
Warehouse & Industrial
Warehouse Space
1,926 SF
Office Build-Out
1,114 SF
Additional Details
Business Included
Yes
Currently Operating
Yes
Property Use
Office/Shop
Building Details
Year Built
1980
Buildings
1
Building Size
3,040 SF
Listing Agency:
S.U.R.E., LLC
Listed By:
Katherine Davis · License #12736
(970) 778-5083
Source:
Destinationdro
Added: Oct 30
Last Checked: Oct 30 at 3:38PM
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 S.U.R.E., LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,040-square-foot flex property combines 1,114 square feet of office and retail space with 1,926 square feet of warehouse and shop area. Built in 1980, the climate-controlled building includes an updated showroom, two bathrooms, a separate office, concrete shop floors, floor and pit drains, and a shower. The layout could accommodate reinstallation of two overhead doors for drive-in access. Building signage and paved parking are also included.
The property occupies a 0.143-acre paved lot at 2509 1/2 Weslo Avenue in Grand Junction. It is zoned Commercial General (CG) and sits less than a mile from 25 Road.
The property occupies a 0.143-acre paved lot at 2509 1/2 Weslo Avenue in Grand Junction. It is zoned Commercial General (CG) and sits less than a mile from 25 Road.
Key Highlights
- 3,040 SF building on a 0.143‑acre paved lot
- 1,114 SF of office and retail area; 1,926 SF of warehouse and shop space
- CG zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,718
Cap Rate
4.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$634,360
$634.4K
Cap Rate 7%
$453,114
$453.1K
Cap Rate 9%
$352,422
$352.4K
Market Conditions
NOI Build-Up for 3,040 SF
Gross rent
$52.9K $17.40/SF
− Vacancy
−$4.1K −$1.35/SF
EGI
$48.8K $16.05/SF
− OpEx
−$17.1K −$5.62/SF
NOI
$31.7K $10.43/SF
Area
Mesa County, CO
Vacancy
7.75%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$634,360
Cap Rate 7%
$453,114
Cap Rate 9%
$352,422
Alternative Uses
Best Use
Flex RnD
$453.1K
$396.5K – $528.6K
NOI $31,718 @ 7.0% cap · market cap 4.26%
Second Best
Retail
$411.9K
$360.4K – $480.6K
NOI $28,835 @ 7.0% cap · market cap 3.87%
Theoretical Best
Healthcare Medical
$5.77M
$5.05M – $6.73M
NOI $403,834 @ 7.0% cap · market cap 54.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,632
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Chef Michaels Signature Blends — 2536 Rimrock Ave, Grand Junction, CO 81505
- USCA Chef Association — 2536 Rimrock Ave, Grand Junction, CO 81505
- Practical Smokers BBQ, Catering, and more... — 596 N Commercial Dr, Grand Junction, CO 81505
- Alarado Biscuit Company — W We are outside at food court entrance between Dillards and Dick’s Sporting Goods, 2422 US-6, Grand
Frequently Asked Questions
What type of property is this?
Flex space - Climate-controlled commercial space pairs customer-facing areas with a functional shop and warehouse layout.
Where is this flex space located?
The property is located at 2509 1/2 Weslo Avenue Grand Junction, CO.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: 3,040 SF building on a 0.143‑acre paved lot; 1,114 SF of office and retail area; 1,926 SF of warehouse and shop space; CG zoning
