Downtown Office
For Sale
$499,999
302-300 Main St, Grand Junction, CO 81501
Office building for sale featuring a modern layout, large windows, and street-facing frontage in downtown Grand Junction.
Property Size2,501 SF
Price / SF$199.92
Days on Market113
Property Features for 302-300 Main St
General Information
Standard status
Active
Size
2,501 SF
Taxes and HOA fees
Annual Taxes
$6,543
Amenities
flexible space
ample natural light
large windows
convenient access to parking
dining
local amenities
Listing Agency:
Coldwell Banker Commercial Prime Properties LLC
(970) 243-7375
Listed By:
Michael Foster · License #IA40011873
(970) 244-6602
Source:
Exprealty
Added: Jul 3
Changed: Oct 2
Last Checked: Oct 23 at 7:44AM
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 Commercial Prime Properties LLC
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 downtown office building for sale includes approximately 2,500 square feet and is described as being located within an historic building. The interior offers a modern, flexible layout designed to suit office, professional services, or creative business uses. The space includes large windows intended to provide ample natural light.
The property is positioned with street frontage in downtown Grand Junction, with convenient access to parking and nearby dining and local amenities.
Offered as a purchase opportunity, the building is presented for owner-occupants and investors seeking steady rental income, with a prompt to schedule a tour.
The property is positioned with street frontage in downtown Grand Junction, with convenient access to parking and nearby dining and local amenities.
Offered as a purchase opportunity, the building is presented for owner-occupants and investors seeking steady rental income, with a prompt to schedule a tour.
Key Highlights
- 2,501 SF office building for sale in downtown Grand Junction, CO
- Historic building with street‑facing frontage and access suited for professional office use
- Modern layout with flexible interior space to customize for your business
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
Current Use
Location Intelligence
Trade Area within ½ mile
208
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
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Office building for sale featuring a modern layout, large windows, and street-facing frontage in downtown Grand Junction.
Where is this office building located?
The property is located at 302-300 Main St 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 building for sale in downtown Grand Junction, CO; Historic building with street‑facing frontage and access suited for professional office use; Modern layout with flexible interior space to customize for your business
