518 28 Road, Grand Junction, CO 81501
$2,135,000
Property Type:
Commercial Sale
Square Footage:
22,544
Lot Size (sq. ft.):
63,598
Status:
Closed
Current Price:
$2,135,000
List Date:
1/24/2025
Last Modified:
10/02/2025
Overview
Description
Listing Details MLS# 186771
Location Info
- Inside City Limits
- Yes
- Condominiumized
- No
- Zoning City
- Grand Junction
- Zoning County
- Mesa
- Type
- Commercial
- Major Area
- Out of Area
- Area
- Within Colorado
- Asking Price
- 3600000
- Original List Price
- 3600000
- Street #
- 518
- Street Name
- 28
- Street Suffix
- Road
- City/Town
- Grand Junction
- State/Province
- CO
- Postal Code
- 81501
Keywords Info
- Total Building SqFt
- 20.001+
- Association Dues
- No
Listing Info
- Occupant Type
- Tenant
- SqFt Level
- Ground Floor
- Seller/Owner is Licensed
- No
- Short Sale
- No
- REO
- No
- Auction
- No
- Member Association
- Glenwood Association
General Info
- Sub/Loc
- Out of Area
- County
- Mesa
- Legal
- LOT 1 and LOT 2 - OMEGA BUSINESS PARK SEC 7 1S 1E
- Zoning
- MU-2
- Lot SqFt
- 63598
- Nbr of Acres
- 1.46
- Stories
- 2
- Total SqFt
- 22544
- Unit SqFt
- 22544
- Parcel #
- 294307325001
- Year Built
- 1982
- Year Remodeled
- 2024
- Directions
- SEC of Elm Avenue & 28 Road
Financing Info
- Metro Tax District
- No
- Taxes
- 17811
- Tax Year
- 2024
- Transfer Tax
- No
- N.O.I.
- 183055
- Total Expense P/Year
- 114383
- HOA Dues
- 0
- Total HOA Fee Per Year
- 0
Status Change Info
- Under Contract Date
- 2025-05-21
- Proposed Close Date
- 2025-11-07
- Sold Date
- 2025-10-01
- Sold Price Per/SF
- 94.7
- How Sold
- Conventional
More Information
Remarks
- Public Remarks
- An excellent Opportunity. Two upgraded commercial buildings. One with 11,272 sf consisting of 16 one and two bed-room residential units. One two-story, 11,272 sf consisting of 14 office space units.
Current Use
- Other
- Office
- Multi-Family
- Yes
Units
- Units
- Other
Allowable Uses
- Income
- Yes
- Multi-Family Res
- Yes
- Office
- Yes
Construction
- Frame
- Yes
Access
- Paved
- Yes
Electric
- Yes
- Yes
Condition
- Good
- Yes
Basement/Substructure
- Slab
- Yes
Gas
- Natural Gas
- Yes
Roof
- Metal
- Yes
Water
- Public
- Yes
Sanitation
- Community
- Yes
Water Rights
- No
- Yes
Extras
- Laundry
- Yes
- Storage
- Yes
Heating/Cooling
- Central AC
- Yes
- Forced Air
- Yes
- Gas
- Yes
Location Amenities
- Corner Lot
- Yes
- High Visibility
- Yes
- Intersection
- Yes
- View
- Yes
Mineral Rights
- No
- Yes
Documents on File
- Financials
- Yes
- Rent Roll
- Yes
Parking
- 21 + Spaces
- Yes
- Common
- Yes
- Parking Lot
- Yes
- Paved
- Yes
Occupant
- Tenant Occupied
- Yes
- Multiple Leases
- Yes
Terms Offered
- Cash
- Yes
Possession
- DOD
- Yes
Sign
- Yes
- Yes
Property Features
Allowable Uses:
Income; Multi-Family Res; Office
Current Use:
Multi-Family
Construction:
Frame
Roof:
Metal
Condition:
Good
Electric:
Yes
Gas:
Natural Gas
Water:
Public
Sanitation:
Community
Parking:
21 + Spaces; Common; Parking Lot; Paved
Access:
Paved
Extras:
Laundry; Storage
Location Amenities:
Corner Lot; High Visibility; Intersection; View
Occupant:
Tenant Occupied; Multiple Leases
Documents on File:
Financials; Rent Roll
Water Rights:
No
Mineral Rights:
No
Terms Offered:
Cash
Sign:
Yes
Possession:
DOD
Documents
Listing Office:
Coldwell Banker Commercial Prime Prop.

Last Updated: October - 02 - 2025
Broker Attribution:
(970) 243-7375
Copyright 2020 by Aspen/Glenwood Springs MLS, Inc.
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