1290 Walnut Avenue, Grand Junction, CO 81501 (MLS # 20254741)

Price $425,000
Status Active
Beds 2
Baths 1 Bath
Home size 1,374 sqft
Lot Size 17,860 sqft
Days on Market 101
Prime development opportunity by Colorado mesa University! Discover the rare potential of this residential income property situated on a large .41-acre corner lot in the heart of Grand Junction. Just steps away from Colorado mesa University, this property not only offers investment income, but also incredible investment potential. With RH-24 zoning, the lot allows for high-density residential, multifamily development, and Additional Dwelling Unit (ADU). Property is currently leased month to month. Don't miss this chance to secure one of the largest residential parcels near CMU with endless possibilities for redevelopment and income potential!
Property Type(s): Single Family
Last Updated 10/7/2025 Tract N/A
Year Built 1956 Community Grand Junction City
County Mesa

SCHOOLS

Elementary School Tope
Jr. High School West
High School Grand Junction

Price History

Prior to Oct 7, '25 $450,000
Oct 7, '25 - Today $425,000

Additional Details

AIR Evaporative Cooling
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Refrigerator, Washer
AREA Grand Junction City
BASEMENT Partial, Yes
CONSTRUCTION Block, Stone
EXTERIOR None
HEAT Floor Furnace
LOT 0.41 acre(s)
LOT DIMENSIONS 150' x 120'
STYLE Ranch
SUBDIVISION N/A
UTILITIES Sewer Connected
WATER Public
ZONING RH-24

Location

 

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Listing provided by CORY CARLSON, VENTURE GROUP
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