251 Colorado Ave, Grand Junction, CO 81501
This exceptional 3,040 square foot executive office building is ideally situated at 251 Colorado Avenue in Grand Junction, Colorado, 81501. Located on the southwest corner of Colorado Avenue and 3rd Street, this high-visibility freestanding building offers unparalleled exposure and accessibility. The property boasts ample parking, including five city lots measuring 25' x 135', providing convenient parking for tenants and visitors. Currently vacant and immediately available, this two-level building sits on a 0.29-acre lot, presenting a unique opportunity for a business seeking a prominent presence in a thriving area. The property is zoned for retail and office use, making it versatile and adaptable to a variety of business needs. Its prime location near downtown Grand Junction ensures high traffic volume and excellent visibility, making it an attractive investment for businesses seeking a strategic location in Mesa County. The asking price for this exceptional property is $697,000. Don't miss this chance to own a highly visible and well-located commercial property in a growing market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.