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14-Unit Office Building
For Sale
$875,000

3198 F Road, Grand Junction, CO 81504

CommercialSale, Grand Junction, CO

Property SizeContact for details
Days on Market226

Property Features for 3198 F Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description RSF-4
Lot features Corner Lot
Directions NW corner of 32 Road and Patterson/F Road.
Subdivision NE Grand Junction
Standard status Active

Taxes and HOA fees

Tax Annual Amount 12791
Listing Agency: RE/MAX 4000, INC
Listed By: Brandon Schuette · License #CO FA100070674
Added: Jan 23 Changed: Sep 4 Last Checked: Sep 6 at 2:06AM
MLS# 20260504

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 multi-tenant office property at 3198 F Road in Grand Junction, Colorado, contains 14 individual units with varied suite configurations. The spaces are identified as suitable for office, medical, service, and light commercial users, providing flexibility for both occupants and an owner-user arrangement.

On-site parking, direct access, and available signage opportunities support day-to-day operations and tenant identification. The property is positioned near major retail and residential areas. The offering reflects a 7% cap rate, with lease optimization identified as a potential avenue for improving performance.

Key Highlights

  • 14 individual units within a multi‑tenant office building
  • 7% cap rate
  • Suite configurations support office, medical, service, and light commercial uses

Property Analytics

Current Use

Given' Home Health ... Home Health Care Service Guerrilla Burrito Restaurant KidStuff Child & Family ... Counselor Astute Bookkeeping Accounting Firm C K Insurance ... Insurance Agency

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Nail Salon Spa & Massage Center

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

Lease Details

14
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

435
Businesses Nearby

Demographics for 81504, CO

31,150
Population
13,042
Households
2.4
Avg Household Size
38
Median Age
21%
College-Educated
91%
High-School Grad
26.9 sq mi
ZIP Area
1,158
Density / Sq Mi
$67,907
Median Household Income
$40,402
Median Earnings
$1,414
Median Rent
$290,300
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
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Frequently Asked Questions

What type of property is this?
Office building - Multi-tenant suites accommodate office, medical, service, and light commercial users with on-site parking and signage opportunities.
Where is this office building located?
The property is located at 3198 F Road Grand Junction, CO.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 14 individual units within a multi‑tenant office building; 7% cap rate; Suite configurations support office, medical, service, and light commercial uses
More about this property
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