
Property Attributes
- MLS#20232016
- TypeCom Lease
- CountyMESA
- CityGrand Junction
- AreaGrand Junction City
- Zip81501
- StyleCommercial
- Price$ 2,500
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage14948
Data Source:
Grand Junction Area REALTOR® Association
Property Description
Space in the historic Lowell School is available Now. If you miss this window you may be waiting a few years for a second chance. Classroom 10 is a very nicely fully furnished executive office in the upper NW corner of the building. A 3 year lease is preferred, but negotiable. Classroom 4 is WOW!!! Fantastic entertainment space ready to go on the main floor, fully furnished and currently set up as an upscale bar. Outdoor space is available and negotiable. Classroom 4 and Classroom 10 are available for a sublease. The subtenant of either space will be granted the “right of first refusal” to take over the existing master lease or to sign a new separate lease at the end of the sublet term. The two spaces can be leased together or separately. Commission may be changed to a success fee depending on the term. The classrooms have tall ceilings, large windows with lots of natural light, and original historic features such as chalkboards and built-in cabinets. Tenants can also use the ~15,000 SF of outdoor space ("The Commons") for their outdoor events at no additional charge (approximate size, prospective tenants to verify if desired). The Lowell School construction started in 1925 and is listed on the National Register of Historic Places as a contributing structure the to the North Seventh Street Historic District. Rent includes all utilities, including 1 GB fiber internet. Current tenants include a mix of small businesses, local artists, and civic-minded non-profits, many offering free/discounted services and goods to other tenants. Newest tenant is an award-winning taproom with an outdoor beer garden on The Commons. This prohibits a second "Beer only" tenant Property management/maintenance contractor is located nearby and can take care of any building maintenance issues in a timely manner. Several hundred thousand dollars of exterior renovations are planned in 2022-2023. Nearly half a million dollars of improvements planned by 2026 (the 100th anniversary of the Lowell School’s completion). New Photos coming soon!
Price History | |
---|---|
5/12/2023 | Listed $3,863 |
9/13/2023 | 5% - $3,700 |
9/22/2023 | 33% - $2,500 |
General Features
Additional Parcels Y/N | No |
---|---|
Association Y/N | No |
Attached Garage | No |
Availability Date | 2023-09-14 |
Building Features | NotApplicable |
Carport Y/N | No |
City | Grand Junction |
County | MESA |
Current Use | Commercial |
Days on Market | 58 |
Directions | Located at the southeast corner of 7th and Grand. |
Garage Y/N | No |
Home Warranty Y/N | No |
Land Lease Y/N | No |
Lease Considered Y/N | Yes |
Lease Renewal Y/N | No |
MLS Area | Grand Junction City |
Mobilehomeremainsyn | No |
New Construction | No |
Possible Use | Office, Restaurant, Retail |
Private Pool | No |
Property Attached Y/N | No |
Property Sub Type Additional | Commercial |
Property SubType | Commercial |
Property Type | CommercialLease |
Rent Control Y/N | No |
Senior Community Y/N | No |
Standard Status | Active |
Status | Active |
Street Name | 7th Street |
Unit Number | 4, 10 |
View Y/N | No |
Waterfront Y/N | No |
Year Built | 1926 |
Zoning Description | B-2 |
Interior Features
Air Conditioning Y/N | No |
---|---|
Basement (Y/N) | No |
Electric On Property Y/N | No |
Fireplace Y/N | No |
Heating Y/N | No |
Exterior Features
Building Area Total | 14948.0 |
---|---|
Crops Included Y/N | No |
Horse Y/N | No |
Irrigation Water Rights Y/N | No |
Open Parking Y/N | No |
Parking Features | Other, SeeRemarks |
Road Frontage Type | CityStreet |
Spa | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool