Free Press building offered for sale
The downtown building that houses the Grand Junction Free Press is up for sale.
The 9,870-square-foot building at 145 N. Fourth St. is being sold, in part, because it’s built to house far more workers than the weekly newspaper has on staff, the publication reported in a Friday news story.
The free publication, which went from publishing daily to three days a week to weekly over the past few years, has eight workers, but the structure located at the intersection of Rood Avenue and Fourth Street, is designed as a commercial/industrial structure that can house more than 50 employees, the paper said.
The paper, which said it is looking to relocate in another building downtown, didn’t list a sale price.
According to the Mesa County Assessor’s Office, the building is owned by the Carson, Nev.-based Colorado Mountain News Media Co. The assessor lists the building and the nearly half-acre lot on which it sits as having an actual value at $881,770, paying about $16,000 a year in taxes.
The building was sold to the media company in 2008 by Trinity Associates for about $650,000.
Prior to that, the one-story, stucco building that was built in 1938 was owned by St. Joseph’s Roman Catholic Church, according to the assessor’s office.