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1111 S 7th St 3,460 SF 100% Leased Flex Building Grand Junction, CO 81501 $2,354,483 CAD ($680.49 CAD/SF)



Investment Highlights
- Wide range of uses
Executive Summary
TWO Adjoining Properties - Offered Together on the South 7th Street Corridor. Rarely does an opportunity like this come tomarket 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 ofthe 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
Property Facts
Amenities
- Fenced Lot
Utilities
- Lighting
- Gas - Natural
- Water
- Sewer
- Heating
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Atlasta Solar Center
- Wholesaler
- -
- -
- -
- Energywise Consultant
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Atlasta Solar Center | Wholesaler | - | - | - | ||
| Energywise Consultant | Professional, Scientific, and Technical Services | - | - | - |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 2945-231-16-029 | Improvements Assessment | $221,280 CAD |
| Land Assessment | $25,498 CAD | Total Assessment | $246,778 CAD |
Property Taxes
Parcel Number
2945-231-16-029
Land Assessment
$25,498 CAD
Improvements Assessment
$221,280 CAD
Total Assessment
$246,778 CAD
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1111 S 7th St
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