7th Street Corridor Redevelopment Opportunity

Multi-Parcel Commercial Property | Grand Junction, Colorado Opportunity Zone

Opportunity Zone Listing in Grand Junction, Colorado

Three Adjoining Properties - Offered Together on the South 7th Street Corridor.

Offered at $3,100,000

Prime Location: Just north of Riverside Parkway and Las Colonias development—central to Grand Junction’s economic revitalization zone. Businesses emerging along 7th Street include a martial arts studio, restaurant, manufacturer, civil engineering office, and gym.

3 parcels

Located in the south 7th corridor and Opportunity Zone

Offered at $3,100,000

1.5 Acres

1027 S.7th - Consists of 2 parcels, total area 0.60 acres.
1111 S. 7th - .48 acres
620 Nolan - .44 acres

Two Buildings

1027 S. 7th - Modern, spacious shop/warehouse floor space—7,890 sq. ft.
1111 S.7th - Two-story structure with 10 offices; flexible footprint suitable for varied uses.

Property Overviews

Opportunity Zone Listing in Grand Junction, Colorado Commercial parcels

1027 S. 7th Street

  • Modern, spacious shop/warehouse floor space—7,890 sq. ft.
  • Front tenant operates a Jujitsu gym (2,905 sq. ft.).
  • Additional 5,000 sq. ft. potential expansion area.
  • Contemporary design suitable for open display, showroom, or operational space; potential for a small garage bay.
  • Consists of 2 parcels, total area 0.60 acres.

 

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Opportunity Zone Listing in Grand Junction, Colorado

1111 S. 7th Street

  • Light industrial/office building—7,673 sq. ft. on a 0.48-acre lot.
  • Built in 1958, remodeled several times.
  • Adjoining lot at 620 Nolan provides an additional 0.44 acres for fenced storage or parking.
  • Total area for these two lots: 0.92 acres.
  • Two-story structure with 10 offices; flexible footprint suitable for varied uses.
  • Combined parcels ideal for commercial, industrial, retail, or redevelopment purposes.

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1111 S. 7th Street Grand Junction, Colorado

620 Nolan Ave

  • The adjoining lot at 620 Nolan adds an additional 0.44 acres for fenced storage, or parking.

 

 

 

 

 

 

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opportunity zone benefits

 

What is an Opportunity Zone?

Opportunity Zones were created under the Tax Cuts and Jobs Act of 2017 to encourage long-term private investment in designated areas.

Investors who reinvest capital gains into Qualified Opportunity Funds may receive:

  • Deferral of capital gains taxes
  • Potential reduction of tax liability over time
  • Tax-free growth on investments held long-term

Grand Junction is home to several federally designated Opportunity Zones, offering significant tax advantages for investors while supporting economic growth and development in the region.

Opportunity Zone Listing in Grand Junction, Colorado Commercial parcels
Las Colonias Ampitheater

 Opportunity Zones in Grand Junction

Grand Junction has multiple Opportunity Zones located near: Downtown and the Riverfront development areas.

These zones are positioned in areas targeted for redevelopment and expansion, making them attractive for both commercial and mixed-use investment.

Local Impact & Development Opportunity Zone investment has already helped drive: New housing and mixed-use projects Riverfront redevelopment (Las Colonias area) Business relocation and expansion These investments are accelerating growth and bringing new energy to the region.

About Grand Junction

Welcome to Western Colorado

Grand Junction is the economic and cultural hub of Colorado’s Western Slope, offering a unique combination of affordability, accessibility, and quality of life.

Located along the Colorado River at the intersection of Interstate 70 and Highway 50, Grand Junction serves as a regional center for business, healthcare, education, and outdoor recreation. The city is home to over 70,000 residents and continues to see steady population and economic growth.

A Strategic Location

Grand Junction sits roughly halfway between Denver and Salt Lake City, providing convenient access to major markets while avoiding the congestion and high costs of larger metro areas.

Opportunity Zone Listing in Grand Junction, Colorado Commercial parcels

Features

Stock photograph of street leading towards Mount Garfield in Grand Junction Colorado USA

Growth & Investment Momentum

The area is experiencing strong demand for:

 

  • Multifamily housing
  • Mixed-use developments
  • Class A office and commercial space

With ongoing infrastructure investment and a pro-growth community mindset, Grand Junction continues to position itself as one of the most attractive emerging markets in Colorado.

Meeting stock photo

Business Friendly Environment

The region offers:

 

  • Lower cost of living and operating expenses than Colorado’s Front Range
  • Streamlined development processes (often significantly faster than metro areas)
  • Access to a skilled workforce supported by Colorado Mesa University

 

Mountain Biker in Western Colorado

Outdoor Lifestyle & Quality of LIfe

Grand Junction is known for its unmatched outdoor recreation:

 

  • World-class mountain biking and hiking trails
  • Proximity to the Grand Mesa, Colorado National Monument, and wine country
  • Riverfront development, parks, and year-round events

 

 

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Theresa Englbrecht - Venture Group

Theresa Englbrecht 

Venture Group

Theresa is an experienced commercial real estate professional with an impressive record of success.
 
The ability to meet the wide-range of needs for her clients is her primary goal. Described as organized, competent and resourceful, Theresa has the
market knowledge and focused determination to make each commercial real estate endeavor a success.
 
Whether you are an investor, end-user or seller, Theresa will focus on your priorities so that you can succeed together.
Theresa Englbrecht