1020 S Townsend Ave - Storefront Retail/Office FOR SALE


Montrose, CO 81401
$600,000 USD
626-644-9070
1020 S Townsend Ave, Montrose, CO for Sale
$600,000 USD
Storefront Retail/Office - FOR SALE
1/51
null | Request Cap Rate

1020 S Townsend Ave
Montrose, CO 81401


OVERVIEW

Exceptional opportunity to own a fully leased commercial building in the heart of downtown Montrose. This well-maintained property features three individual units, two of them occupied by stable, active tenants on long-term lease agreements, providing immediate and consistent income for investors. Strategically positioned in a high-visibility location, the building benefits from heavy foot and vehicle traffic, making it ideal for a variety of retail or professional service tenants. The surrounding area boasts a vibrant mix of businesses, restaurants, and amenities, further enhancing tenant appeal and long-term occupancy potential. Key Highlights: Three units with strong tenant history, High cap rate – attractive return on investment, and Outstanding visibility and signage opportunities. Central downtown location – walkable, accessible, and desirable. Professionally managed and well-maintained. This is a rare chance to acquire a cash-flowing asset in one of the most sought-after locations in the city. Perfect for investors seeking stable returns and long-term appreciation.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$269 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

B-2

APN/PARCEL ID

R0650944

ASK ABOUT THIS PROPERTY

Twyla RighterColorado Land Home & RanchMore Info
626-644-9070

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Twyla RighterColorado Land Home & RanchMore Info
626-644-9070

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.