Updated Office Unit
For Sale
$799,000
403 Kennedy Avenue, Grand Junction, CO 81501
CommercialSale, Grand Junction, CO
Property SizeContact for details
Days on Market202
Property Features for 403 Kennedy Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
MU-1
Lot features
Corner Lot
Directions
North on 4th Street from North Avenue to corner of 4th Street and Kennedy Avenue. NO FOR SALE SIGN.
Subdivision
Grand Junction City
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
9575
Listing Agency:
THE AGENCY GRAND JUNCTION
(970) 236-3636
Listed By:
Jan Kimbrough Miller - The Kimbrough Team · License #100013124
(970) 250-6781
Added: Feb 4
Changed: Aug 24
Last Checked: Aug 25 at 7:06AM
MLS# 20260505
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 standalone office property at 403 Kennedy Avenue includes 5 leased units, each with a private entrance, along with an on-site parking lot. Interior finishes, exterior elements, and major mechanical systems were updated in 2018. ADA-compliant bathrooms and entrances are included, supporting accessibility across the building. The layout can accommodate continued leasing or occupancy by an owner-user, with the option to use one or more units for business operations.
The property is zoned MU-1, providing a flexible framework subject to applicable permitted-use requirements. There are 20 parking spaces, including 3 handicap spaces. The building does not have signage and carries no CIC fees. A reported 7.1 CAP rate is also associated with the property.
The property is zoned MU-1, providing a flexible framework subject to applicable permitted-use requirements. There are 20 parking spaces, including 3 handicap spaces. The building does not have signage and carries no CIC fees. A reported 7.1 CAP rate is also associated with the property.
Key Highlights
- 5 leased office units with private entrances
- Interior, exterior, and major mechanical updates completed in 2018
- ADA bathrooms and entrances
Property Analytics
Property Profile
Current Use
Lease Details
5
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,211
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Separate entrances and on-site parking support flexible multi-suite office use.
Where is this office units located?
The property is located at 403 Kennedy Avenue Grand Junction, CO.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 5 leased office units with private entrances; Interior, exterior, and major mechanical updates completed in 2018; ADA bathrooms and entrances
