$1,200,000
( $367.99Per Sq Foot )
 $6,442 est/mo Sourced by Back At You

Tbd E Main Street , Montrose, CO 81401

Montrose, CO 81401

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Description

This property in Montrose, Colorado, presents an exceptional investment opportunity, ideal for various ventures such as boutique hotels, Airbnb, lifestyle accommodations, or wedding venues. The interior includes a welcoming guest check-in area, seven elegantly designed suites, and four well-appointed bathrooms. Cozy fireplaces enhance the ambiance, while five separate entrances provide convenience and privacy. Located within walking distance of local eateries, including a Mexican restaurant and a bar, the property also features a manager's live-in suite complete with a bathroom and kitchen. Guests will appreciate amenities like an outdoor pool, a designated cooking area, and private patios. Ample parking is available, accommodating up to 15 vehicles. Situated just minutes from the Montrose Regional Airport, this property is the perfect gateway to the Telluride ski resort, Silverton, and various year-round recreational activities. Its convenient proximity to popular destinations such as Ridgeway, Ouray, Grand Junction, and Durango makes it a prime location that should not be overlooked. Property Facts: 3,700 Square Feet 0.57 Acres Guest Check In Area Manager Live In Suite (Includes Bathroom & Kitchen) 7 Suites 4 Bathrooms Fireplaces 5 Separate Entrances Private Patios Exterior Cooking Area Outdoor Pool 15 Parking Spaces Main Street Access & Visibility Walking Distance to Restaurants Seller Financing Available Montrose Facts: Elevation: 5,807 Population: 21,003 (2022) Total Area: 18.5 Square Miles Founded 1882

Details

MLS#818176
Listing TypeFor Sale
StyleHospitality
Sub-TypeResale
StatusActive
Year1955
Days On Site18
Listing Provided ByBray Commercial LLC | Katherine Davis

Features

Bath(s) 4 Total
SQ Feet3,261
Story(s)1
Units5
ZoningBusiness
Acreage0.57

Market Activity 81401

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Listings Checked: 12 seconds ago
StateCO
CountyMontrose
CityMontrose
Zip Code81401
AreaMontrose City
Listing VS Median (in 81401)
Price:
$1,200,000
low | high
Med:
$447,000
100% of Average
SqFt:
3,261
low | high
Med:
1,517
100% of Average
$ / SqFt:
$368
low | high
Med:
$297
69.187689122838% of Average
On Site:
18
low | high
Med:
63.000000
28.571428571429% of Average
Sourced by Back At You
Listing Updated: September 30, 2024 at 10:58:06 AM PDT