Corner Office
For Sale
$499,999
300 Main Street, Grand Junction, CO 81501
CommercialSale, Grand Junction, CO
Property Size2,501 SF
Price / SF$199.92
Days on Market104
Property Features for 300 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
MU-3
Directions
Heading Southbound on 7th Street, turn right (West) on Main Street, continuing on Main Street to the 300 block. The property is on the Northeast corner of Main Street and 3rd Street.
Subdivision
Grand Junction City
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
6543
Amenities
restrooms
private backdoor access
Listing Agency:
BRAY/COMMERCIAL
(970) 241-2909
Listed By:
Brian Bray · License #FA40038007
(970) 986-0446
Added: Jul 21
Changed: Oct 11
Last Checked: Nov 1 at 3:06PM
MLS# 20263575
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,501 SF office condominium at 300 Main Street provides a multi-office layout that can support professional, creative, or service-based operations. The property includes restrooms, elevator access, and a private rear entrance, with a floor plan suited to varied office configurations.
Positioned on a prominent Main Street corner in Downtown Grand Junction, the property is near local dining, shopping, and entertainment. Its location within the downtown area places office users close to established amenities while providing a dedicated commercial setting.
Positioned on a prominent Main Street corner in Downtown Grand Junction, the property is near local dining, shopping, and entertainment. Its location within the downtown area places office users close to established amenities while providing a dedicated commercial setting.
Key Highlights
- 2,501 SF office condominium
- Multiple offices with a flexible floor plan
- Corner position on Main Street in Downtown Grand Junction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,634
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$472,680
$472.7K
Cap Rate 7%
$337,629
$337.6K
Cap Rate 9%
$262,600
$262.6K
Market Conditions
NOI Build-Up for 2,501 SF
Gross rent
$45.0K $18.00/SF
− Vacancy
−$13.5K −$5.40/SF
EGI
$31.5K $12.60/SF
− OpEx
−$7.9K −$3.15/SF
NOI
$23.6K $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%
$472,680
Cap Rate 7%
$337,629
Cap Rate 9%
$262,600
Alternative Uses
Best Use
Office B
$337.6K
$295.4K – $393.9K
NOI $23,634 @ 7.0% cap · market cap 4.73%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$4.75M
$4.15M – $5.54M
NOI $332,233 @ 7.0% cap · market cap 66.45%
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
Location Intelligence
Trade Area within ½ mile
2,372
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Flexible multi-office condominium with elevator access and suitability for professional, creative, or service-based operations.
Where is this office unit located?
The property is located at 300 Main Street Grand Junction, CO.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: 2,501 SF office condominium; Multiple offices with a flexible floor plan; Corner position on Main Street in Downtown Grand Junction
