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707 Elberta Ave 5,783 SF Office Building Palisade, CO 81526 $700,000 ($121.04/SF)

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Executive Summary

Excellent opportunity to acquire a well-located medical/professional office building in Palisade. Situated on a prominent cornerlot with strong visibility and ample parking, this property is well suited for medical, dental, or professional office tenants. Thebuilding features two office suites, a large kitchen, and five bathrooms, allowing for flexible leasing configurations and multipleincome streams. The building is also equipped fully paid-for solar. Tenants and occupants will appreciate the beautiful views ofMount Garfield, adding to the property’s appeal. Ideal for an investor seeking a stable asset with low overhead.

Property Facts

Sale Type

Investment

Property Type

Office

Building Size

5,783 SF

Building Class

Year Built

1996

Price

$700,000

Price Per SF

$121.04

Tenancy

Single

Building Height

1 Story

Typical Floor Size

3,742 SF

Zoning

Commercial

Major Tenants

Retailer
-
-
-

Health Mart began in 1996 as an independent pharmacy franchise and is part of McKesson. The business supports locally owned pharmacies with prescription services, operational support, and tools for pharmacy benefit contracting, store design, specialty medications, and other administrative needs. Health Mart operates as a nationwide network of independent pharmacies that offer personalized care, with services that include prescription management, online refill support, home delivery, vaccinations, and health and wellness guidance.

Palisade Pharmacy
Retailer
-
-
-

Tenant	Industry	SF Occupied	Rent/SF	Lease End
	Retailer	-	-	-
Palisade Pharmacy	Retailer	-	-	-

1 1

Somewhat walkable

30/100

Exceptionally drivable

100/100

Limited public transit

30/100

Somewhat bikeable

30/100

Source: Local Logic^®

(970) 260-7180

Contact

Holly Triplett
The Van Gundy Group, Llc

Listing ID: 41614728
Date on Market: 8/8/2026
Last Updated:
Address: 707 Elberta Ave, Palisade, CO 81526

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707 Elberta Ave

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