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1111 & 1027 S 7th St 2 Properties Offered at $3,100,000 in Grand Junction, CO
Investment Highlights
- Rare opportunity for 2 properties in South 7th St Corridor
Executive Summary
Three 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, 1027 S 7th Street,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. This property falls into the Colorado Opportunity zone 1027 S. 7thStreet 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.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. 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 and 1027 S 7th Street are also listed for sale separately on the MLS
Property Facts
| Price | $3,100,000 | Number of Properties | 2 |
| Price / SF | $270.51 / SF | Individually For Sale | 2 |
| Sale Conditions | Total Building Size | 11,460 SF | |
| Sale Type | Investment | Total Land Area | 0.85 AC |
| Status | Active |
| Price | $3,100,000 |
| Price / SF | $270.51 / SF |
| Sale Conditions | |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 11,460 SF |
| Total Land Area | 0.85 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1111 S 7th St, Grand Junction, CO 81501 | Flex | 3,460 SF | 1958 | $1,700,000 |
| 1027 S 7th St, Grand Junction, CO 81501 | Industrial | 8,000 SF | 1981 | $1,520,000 |
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1111 & 1027 S 7th St
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