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Live-Work Property with Business Space
For Sale
Contact for pricing
Pending

504 Morning Glory Lane, Grand Junction, CO 81504

Combined residential and commercial areas allow on-site living alongside flexible business use.

Property SizeContact for details
Days on Market142

Property Features for 504 Morning Glory Lane

General Information

Standard status Pending
Property subtype Multifamily, Office
Listing Agency: Venture Group
Listed By: KYLE SERRANO · License #II 100075682
Source: Crexi
Added: Apr 10 Changed: Aug 29 Last Checked: Apr 10 at 10:26PM

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 Venture Group

Investment Insights

Based on property information with market context.

This live-work property combines a two-bedroom residence with 624 SF of unfinished commercial space. The residential portion includes a kitchen, living room, and bathroom, while the separate business area can accommodate uses such as a salon, retail operation, office, workshop, or pet-grooming business. The commercial area could also be converted into a duplex for rental income.

The property is situated at 504 Morning Glory Ln in Grand Junction, CO, just off North Ave. A large lot with two sheds provides space for parking and storage serving the residence, business, or both. The combination of residential improvements and unfinished commercial area creates a property with multiple functional components in one location.

Key Highlights

  • Two‑bedroom residence with kitchen, living room, and bathroom
  • 624 SF of unfinished commercial space
  • Commercial area could be converted into a duplex

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Restaurant Accounting Firm HVAC Service

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

Location Intelligence

Trade Area within ½ mile

521
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?
Live-work space - Combined residential and commercial areas allow on-site living alongside flexible business use.
Where is this live-work space located?
The property is located at 504 Morning Glory Lane Grand Junction, CO.
What are key features of this property?
This property features: Two‑bedroom residence with kitchen, living room, and bathroom; 624 SF of unfinished commercial space; Commercial area could be converted into a duplex
(970) 778-0796 Call to check price and availability
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