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Property summary
A historic 5,502-square-foot building in Grand Junction, Colorado, remodeled for artist studio and creative work use. The main level is accessed through original wooden double doors and includes a reception area and an expansive main studio. The studio is lit by original wood-surround stained-glass windows and retains original ceilings, custom chandeliers, and balcony features; it also includes two custom-built sinks. Additional main-floor spaces include a private laser room with a built-in sink, an elevator serving the lower level, and a private artist bathroom with potential for expansion. Two original wood staircases provide access to a second-floor balcony that is configured as a lounge with custom-built seating overlooking the main studio. The lower level includes custom sealed concrete flooring, multiple built-in sinks, two remodeled bathrooms, a break room, storage areas, and private entrances, with plumbing stub-outs installed for additional sink fixtures. Noted structural and systems upgrades include rebuilt custom pillars, replacement or upgrades to flooring, cabinetry, lighting, and paint, upgraded sewer systems with clean-outs, remodeled bathrooms, new HVAC, updated electrical systems, and engineered structural supports.
Property profile
VerifiedCap rate & NOI
Current use
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Church
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Tattoo & Piercing Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
PD: Planned Development Planned Development, PD § 21.03.0100 Overlay AE: Airport Environs Overlay Airport Environs Overlay, AE § 21.03.090 H Road/Northwest Area H Road/Northwest Area GJMC Title 22 North Avenue Overlay No…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Derived from the Grand Junction market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
PD · Grand Junction, COPD: Planned Development Planned Development, PD § 21.03.0100 Overlay AE: Airport Environs Overlay Airport Environs Overlay, AE § 21.03.090 H Road/Northwest Area H Road/Northwest Area GJMC Title 22 North Avenue Overlay No…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
PD: Planned Development Planned Development, PD § 21.03.0100 Overlay AE: Airport Environs Overlay Airport Environs Overlay, AE § 21.03.090 H Road/Northwest Area H Road/Northwest Area GJMC Title 22 North Avenue Overlay No…
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