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$ 1,700,000
Est. payment | /mo
$ 1,700,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261509
Annual Tax Amount $24,356
Lot Dimensions varied
Property Sub-Type Building
Property Description
TWO Adjoining Properties - Offered Together on the South 7th Street Corridor. Rarely does an opportunity like this come to market in one of Grand Junction's most actively transforming districts. Offered together for the first time, 1111 S. 7th Street, and 620 Nolan represent a compelling combined commercial and light industrial investment positioned directly in the path of the city's ongoing riverfront revival. 1111 S. 7th Street is a 7,673 square foot light industrial/office building situated on a 0.48-acre lot and was built in 1958, remodel several times. The adjoining lot at 620 Nolan adds an additional 0.44 acres for fenced storage, or parking. These two lots total 0.92 acres. The two-story structure features 10 offices total and offers the kind of flexible footprint that is increasingly hard to find in this corridor. Together, the two parcels provide a substantial combined footprint suited to a wide range of commercial, industrial, retail, or redevelopment uses. Property has covered solar canopy and this property 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 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. 1027 S 7th Street are 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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131 N 6th Street STE 200, Grand Junction, Colorado, 81501, USA