535 N 7th St - Retail FOR SALE


Grand Junction, CO 81501
$1,500,000 USD
970-778-5083
535 N 7th St, Grand Junction, CO for Sale
$1,500,000 USD
Retail - FOR SALE
1/31
null | Request Cap Rate

535 N 7th St
Grand Junction, CO 81501


HIGHLIGHTS

  • Rich with history, this architecturally significant building
  • An elevator for seamless access to the lower level

OVERVIEW

?? A Historic Masterpiece Reimagined for the Arts This is far from your average property. Rich with history, this architecturally significant building has been meticulously remodeled and designed by the owner to specifically house and inspire the world's most renowned artists. The Main Level: Step through the original wooden double doors into a grand space featuring a custom-built reception desk and generous waiting area. The expansive main studio is bathed in light from the original wood-surround stained-glass windows, showcasing the building's original ceilings, custom chandeliers, and balconies. It is equipped with two generously sized, custom-built sinks, ready to support creative work. Additional main floor features include: • A private laser room with a built-in sink. • An elevator for seamless access to the lower level. • A private artist's bathroom with potential for expansion. The Second Floor: Two separate, original, detailed wood staircases ascend to the second-floor balcony. This space retains the original wood flooring and is currently set up as a luxurious lounge with custom-built seating, allowing guests to overlook the main floor studio below. The Lower Level: The same staircases lead to the spacious lower level, a highly functional area featuring custom sealed concrete flooring and multiple designer built-in sinks. This level is complete with: • Two fully remodeled bathrooms and a break room. • Plentiful storage and several private entrances. • A mechanical room with floor drains. • Future-Ready: Plumbing stub-outs are already in place, offering the flexibility to install additional sinks. Structural and Modern Upgrades: No detail was overlooked in updating this historical property. Custom pillars were rebuilt not only for aesthetic appeal but for enhanced structural function. Extensive updates include: flooring, cabinetry, lighting, paint, upgraded sewer systems, remodeled bathrooms, new HVAC, updated electric, engineered upgraded structural supports, and clean-outs.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$273 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

PD

APN/PARCEL ID

2945-141-36-005

ASK ABOUT THIS PROPERTY

Katie DavisBray & Co. CommercialMore Info
970-778-5083

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Katie DavisBray & Co. CommercialMore Info
970-778-5083

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.