2940 I-70 Business Loop, Grand Junction, CO 81504 (MLS # 20263448)

Price $1,485,000
Status Active
Size n/a
Lot Size n/a
Days on Market 3
Excellent investment opportunity to purchase a 9,000 SF multi-tenant commercial property situated on 0.60 acres with C-2 zoning, allowing for a wide variety of commercial and light industrial uses. Located along the I-70B frontage road, the property offers excellent visibility from I-70B, ample paved parking, and convenient access to 29 Road and North Avenue. Constructed of durable masonry in 1976, the property consists of five offices, flex, and shop units with 10' overhead doors, providing the flexibility to occupy available space while benefiting from income generated by existing tenants. One space is currently vacant: a 2,800 SF office suite (Unit #1A) offered for lease at $12.45/SF/Year+NNN, while the remaining units are occupied by NNN tenants. Based on full occupancy, the property offers a pro forma Net Operating Income (NOI) of $105,018 and projected 7% cap rate, presenting an attractive value-add opportunity for both owner-users and investors.
Property Type(s): Commercial
Last Updated 7/15/2026 Year Built 0
Community NE Grand Junction County Mesa

Additional Details

AREA NE Grand Junction
LOT DESCRIPTION Irregular Lot
LOT DIMENSIONS 194x159
TAXES 12016.85
ZONING C-2

Location

 

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