$1,650,000

518 28 Road

Grand Junction CO, 81501

Description

Prime residential redevelopment opportunity for sale: Concord Plaza office park, at the corner of 28 Road and Elm Avenue, consists of two 11,272sf two story buildings sitting on 1.45 acres with room for 80+ parking spaces. The existing office suites are being redeveloped into multifamily high density housing units. The project will be for sale during and after construction and Phase 1 is underway with Building A being renovated and converted from office space into 17 residential units while Building B continues to be leased to office users and produce income.

Details

MLS#20203597
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site133

Features

SQ Feet22,544
ZoningB-1

Market Activity 81501

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Area Information
StateCO
CityGrand Junction
Zip Code81501
AreaGrand Junction City
Listing VS Median (in 81501)
Price:
$1,650,000
low | high
Med:
$6,216
100% of Average
SqFt:
22,544
low | high
Med:
4,888
100% of Average
$ / SqFt:
$73
low | high
Med:
$1
100% of Average
On Site:
133
low | high
Med:
188
70.744680851064% of Average
Listing Updated: December 2, 2020 8:09:35 PM PST
BRIAN BRAY LogoMLS Number: 20203597
Listing Provided By:
BRIAN BRAY  of  BRAY COMMERCIAL

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Grand Junction Area REALTOR Association MLS.