Downtown Commercial Property with High Visibility and Opportunity Zone Benefits! Located in the heart of the historic downtown business district, this building offers unparalleled convenience and charm. It's within walking distance to Montrose City Offices, the CMU Campus, the Post Office, and a diverse array of local eateries and shopping venues. Situated at a signalized intersection, its strategic corner positioning ensures maximum visibility and accessibility, making it perfect for your business. Zoned B-1 "Central Business District" in the City of Montrose, the property caters to a range of businesses including professional offices or retail establishments. The building boasts 14,700 sq ft of space, including two bathrooms, a basement for storage, and a receiving area with an 8' x 8' roll-up door in the alley. Formerly home to Montrose Hardware, it features a large open showroom and picture windows on Main Street perfect for showcasing items. Additionally, the building is located within an Opportunity Zone, providing significant tax benefits and incentives for investors. New roof will be included in the Purchase Price.
MLS# | 816481 |
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Listing Type | For Sale |
Style | Retail |
Sub-Type | Resale |
Status | Active |
Year | 1984 |
Days On Site | 41 |
Listing Provided By | Renfrow Realty | John Renfrow |
Bath(s) | 2 Total |
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SQ Feet | 14,700 |
Basement | Y |
Story(s) | 2 |
Units | 1 |
Zoning | Business |
Acreage | 0.22 |
State | CO |
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County | Montrose |
City | Montrose |
Zip Code | 81401 |
Area | Montrose City |
Listing VS Median (in 81401) | |
Price: $1,938,000 low | high Med: $456,250 SqFt: 14,700 low | high Med: 2,050 $ / SqFt: $132 low | high Med: $224 On Site: 41 low | high Med: 393.000000 |