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861 Grand Avenue #1, 2, 3, 4, 
Grand Junction, CO 81501

$1,099,000


7

Beds


6

Baths


6,664

Sq Ft


Multi-Family

Active

Listed by

Jen Pedersen

970-243-0456

Last updated:

October 31, 2025, 02:26 PM

MLS#

20253870

Source:

CO GJARA

Company Logo

About This Home

861 Grand Avenue #1, 2, 3, 4

Historic Charm Meets Modern Functionality — Downtown Grand Junction Mixed-Use Opportunity! Welcome to “The Cinderella Building” at 861 Grand Avenue— a fully renovated 1907 Victorian gem nestled in Downtown Grand Junction. This distinctive property offers an exceptional blend of timeless architecture and contemporary convenience, making it an ideal investment opportunity or owner-occupied live/work space. With 3,122 square feet of commercial space spread across the main and second floors (may be converted back to residential_, the building is perfectly suited for professional offices, boutique retail, service businesses or a fantastic residence. Inside, the thoughtful office layout includes multiple private offices, a spacious conference room, and a fully equipped kitchen. Elegant original hardwood floors, rustic exposed brick walls, and large windows throughout create a warm, inspiring atmosphere that blends historic character with modern productivity. Additionally the property features three other residential rental units (totaling 3542 sq ft), including the charming detached “Carriage House” Accessory Dwelling Unit (ADU)—ideal for generating income or housing guests, employees, or short-term rentals. Prominently located on a corner lot just off Main Street, the property enjoys high visibility, a lighted street-facing sign, and ample parking for visitors, staff and residents. The backyard provides a pleasant outdoor retreat, while quick access to Downtown Grand Junction, local shops, restaurants, the Avalon Theatre, CMU, and the Mesa County Library further enhance the building’s appeal. Additional highlights include: Original hardwood floors, exposed brick, abundant natural light; Fully equipped kitchen and conference rooms in the current commercial space; Mixed-use zoning allows both residential and commercial uses; Abundant outdoor space for breaks or events; Recent upgrades including a new roof and mini-splits; Excellent long-term lease and income potential, as well as owner-occupant use. Whether you're seeking a dynamic investment property, a unique headquarters with built-in rental income, or a one-of-a-kind live/work environment, 861 Grand Avenue offers unmatched flexibility, charm, and location. Don’t miss this rare opportunity to own a signature piece of Grand Junction’s vibrant downtown! Projections available - contact agent. All information subject to change/error. Buyer to verify all details.

Home Facts

Multi-Family

6 Baths

7 Bedrooms

Built in 1907

Price Summary

1,099,000

$164 per Sq. Ft.

MLS #:

20253870

Last Updated:

October 31, 2025, 02:26 PM

Added:

4 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6

Interior

Living Area:

6,664 Sq. Ft.


Structure

Structure

Building Area:

6,664 Sq. Ft.

Year Built:

1907


Lot

Lot Size (Sq. Ft):

7,840


Finances & Disclosures

Finances

Price:

$1,099,000

Price per Sq. Ft:

$164 per Sq. Ft.

Source:CO GJARA
The information being provided by Grand Junction Area REALTOR® Association is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Grand Junction Area REALTOR® Association All rights reserved.

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Contact an Agent

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.