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$ 1,520,000
Est. payment | /mo
$ 1,520,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261510
Annual Tax Amount $10,132
Lot Dimensions varied
Property Sub-Type Building
Property Description
Leased building and lot in the South 7th Street Corridor. Rarely does an opportunity like this come to market in one of Grand Junction's most actively transforming districts. This Property has a new Tenant in a freshly remodeled space - Elevate Jujitsu. This Property represents a compelling commercial/light industrial investment positioned directly in the path of the city's ongoing riverfront revival. 1027 S. 7th Street is a modern, spacious 7,890 square feet of mostly shop/warehouse floor space. There is a tenant who operates a Jujitsu gym in front 2905 SF. There is an additional 5000 square feet for potential expansion area. The property's sleek, contemporary design makes it ideal for businesses requiring open display, showroom, or operational space, and it has the potential to accommodate a small garage bay, further broadening its value. This property has 2 parcels and sits on 0.60 acres. The Property has solar panels and is in the Colorado Opportunity zone. Location is everything — and this location is transforming. Both properties are located just north of Riverside Parkway and the Las Colonias development, placing them at the epicenter of Grand Junction's most ambitious economic revitalization effort. Businesses are actively creeping from Grand Junction's popular Main Street toward the riverfront along 7th Street, with a martial arts studio, a restaurant, manufacturer, civil engineering office and a gym already springing up along what was once a gritty commercial and industrial stretch. The city has plans to revamp the corridor's infrastructure to support even more development. 1111 S 7th is also listed for sale separately on the MLS
Location
State CO
County Mesa
Area Grand Junction City
Direction drive east on Riverside Parkway to S 7th Street, turn north. Properties are on the NW corner.
Building
Lot Description Corner Lot
Others
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Listed by VENTURE GROUP
Nearby Locations
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