1047 N 1st St - Office FOR SALE


Montrose, CO 81401
$570,000 USD
970-210-5190
1047 N 1st St, Montrose, CO for Sale
$570,000 USD
Office - FOR SALE
1/71
null | Request Cap Rate

1047 N 1st St
Montrose, CO 81401


HIGHLIGHTS

  • Prime Downtown Location

OVERVIEW

Prime Downtown Montrose Restaurant Property – Turnkey Opportunity for Restaurateurs or Investors Meticulously maintained and thoughtfully updated, this 1308± sq ft restaurant building sits on a double lot in the heart of Downtown Montrose, Colorado. Zoned B4, this property offers exceptional versatility and investment potential. The building features a fully equipped commercial kitchen, indoor dining area, and outdoor patio seating on both the front and side—perfect for Colorado’s sunny seasons. Two large outdoor sheds provide ample storage, including one equipped with multiple refrigerators and freezers. There’s also plenty of space in the back to park a trailer or expand the footprint for future growth. Currently home to the beloved Lighthouse Eatery, Home of the Famous Green Chili Breakfast Burrito and Homemade Bear Paw Bread, a long-standing Montrose dining favorite for nearly 12 years, this property is ideally situated just steps from Main Street, boutique shops, galleries, and local theaters. It benefits from strong foot traffic, staff parking behind the building, and abundant public parking nearby. With high visibility, a thriving tourism-driven market near the Black Canyon of the Gunnison National Park, and easy access to Montrose’s many outdoor venues, this property presents a strategic opportunity for restaurateurs, developers, or investors looking to thrive in Western Colorado’s fastest-growing market.

FOR SALE DETAILS

PRICE

$570,000 USD

PRICE/SF

$436 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,250 SF

ZONING

R-4

APN/PARCEL ID

R0003394

ASK ABOUT THIS PROPERTY

Teresa RensUnited Country - Real Colorado PropertiesMore Info
970-210-5190

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Teresa RensUnited Country - Real Colorado PropertiesMore Info
970-210-5190

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