1048 Independent Avenue 34 Condos Offered at $9,525,000 in Grand Junction, CO

1048 Independent Avenue presents the opportunity to acquire a portfolio of commercial condominium units within the Independent Business Center in Grand Junction, Colorado. The property was recently converted into 39 commercial condominiums, with 34 units currently available for purchase. The offering provides investors and owner-users with flexibility through multiple exit and occupancy strategies, including the ability to sell units individually over time or continue leasing space to generate income.
The asset accommodates a diverse mix of commercial uses including retail, office, flex, and industrial occupancy, allowing ownership to serve a broad tenant base. All units are separately metered for gas and electrical service, providing operational efficiency and simplified utility management. Ownership of the remaining condominium inventory also includes management control of the association, creating the opportunity for centralized oversight of property operations and future decision-making.
Located along Independent Avenue in Grand Junction, the property benefits from access to one of Western Colorado’s primary commercial markets. The surrounding area supports a substantial employment base and established business activity, helping drive demand from local businesses, professional service providers, light industrial users, and retail operators. Grand Junction serves as the regional economic hub for the Western Slope, supporting commercial activity across Mesa County and surrounding markets.
The combination of multiple unit configurations, varied commercial use potential, individual utility metering, and condominium ownership flexibility positions this asset as a unique opportunity for investors seeking value-add disposition potential or long-term income generation within an established commercial business center.