Independent Business Center
Portfolio of 34 commercial condominium units at Independent Business Center in Grand Junction, Colorado, offered at $9,525,000. The recently converted mixed-use complex spans two buildings with flexible industrial, flex, retail, and office configurations across 48,343 SF, accommodating diverse tenant bases and owner-user strategies. All units feature separate utility metering for gas and electrical service, and ownership includes management control of the condominium association.
Building A contains 20 units ranging from 647 to 2,398 SF across two floors, while Building B offers 14 units from 655 to 2,456 SF. Unit sizes span 647 to 2,456 SF, providing flexibility for various commercial uses and tenant profiles. The property was built in 1982 and sits along Independent Avenue, one of Western Colorado's primary commercial corridors in Grand Junction's regional economic hub.
The trade area supports substantial employment and household growth. Within one mile, approximately 13,053 residents (growing 5.50% through 2030) and 24,588 employees support local business activity. The three-mile radius encompasses 272,422 residents and 225,442 employees with a median household income of $97,174. The five-mile radius reaches 545,729 residents and 374,032 employees. The location benefits from established commercial activity serving professional service providers, light industrial users, retail operators, and local businesses across Mesa County and surrounding markets.
- 34 individual units available for purchase; flexible disposition and income strategies
- Mixed-use portfolio: industrial, flex, retail, and office space
- All units separately metered for gas and electrical service
- Ownership includes condominium association management control
- Strong employment base: 24,588 employees within one mile; 374,032 within five miles
- Located on Independent Avenue, Western Colorado's primary commercial corridor
Available Properties
Total: 34Features & amenities
Location
1048 Independent Avenue presents the opportunity to acquire a portfolio of commercial condominium units within the Independent Business Center in Grand Junction, Colorado. The property was recently converted into 39 commercial condominiums, with 34 units currently available for purchase. The offering provides investors and owner-users with flexibility through multiple exit and occupancy strategies, including the ability to sell units individually over time or continue leasing space to generate income.
The asset accommodates a diverse mix of commercial uses including retail, office, flex, and industrial occupancy, allowing ownership to serve a broad tenant base. All units are separately metered for gas and electrical service, providing operational efficiency and simplified utility management. Ownership of the remaining condominium inventory also includes management control of the association, creating the opportunity for centralized oversight of property operations and future decision-making.
Located along Independent Avenue in Grand Junction, the property benefits from access to one of Western Colorado’s primary commercial markets. The surrounding area supports a substantial employment base and established business activity, helping drive demand from local businesses, professional service providers, light industrial users, and retail operators. Grand Junction serves as the regional economic hub for the Western Slope, supporting commercial activity across Mesa County and surrounding markets.
The combination of multiple unit configurations, varied commercial use potential, individual utility metering, and condominium ownership flexibility positions this asset as a unique opportunity for investors seeking value-add disposition potential or long-term income generation within an established commercial business center.
Additional details
Independent Business Center is a multi-tenant commercial condo complex featuring industrial, flex, retail, and office space. The property consists of two buildings with a total of 34 individual units available for sale.
Marketing package does not purport to provide complete or fully accurate summary. All financial projections subject to material variation. Property to be sold on as-is, where-is basis without representations as to physical, financial or environmental condition. Owner and Broker reserve right to reject any expressions of interest or offers.
Commercial condos for sale - individual units available for purchase. Flexible use types including industrial, flex, retail, and office space.
Represents sellers, landlords, tenants and buyers with leasing and disposition needs across all product types including office, industrial, retail, and land. Has completed over $300M of transactions in the Colorado market. Strong understanding of Colorado market with involvement in many high-profile properties.
Born and raised in Grand Junction, CO with deep roots in the community. Came back to Grand Junction in 2007 to begin real estate career. Understands unique nuances of local market. Dedicated to helping clients find their place in the vibrant community. Committed to providing personalized, transparent, and results-oriented service.