430 N 1st St - Retail FOR SALE


Montrose, CO 81401
$949,500 USD
970-901-7018
430 N 1st St, Montrose, CO for Sale
$949,500 USD
Retail - FOR SALE
1/29
null | 8.1% Cap Rate

430 N 1st St
Montrose, CO 81401


HIGHLIGHTS

  • - Three fully leased units with strong rental history
  • - 6.2% Cap Rate | Immediate cash flow
  • - Zoned B-1 (Central Business District)
  • - High visibility location with strong pedestrian and vehicle traffic
  • - Located in Montrose’s Opportunity Zone
  • - Individually metered units with private entrances

OVERVIEW

Turn-Key Downtown Montrose Investment | 8.1% Cap Rate 33 & 35 N.? Uncompahgre Ave.? + 430 N.? 1st St | Montrose, CO 81401 Offered at $949,500 | Zoned B-1 | Fully Leased | 6.2% Cap Rate Exceptional opportunity to acquire a fully occupied, cash-flowing commercial property in the heart of historic downtown Montrose.? This three-unit portfolio includes two street-facing buildings (33 & 35 N.? Uncompahgre) and a rear-access unit (430 N.? 1st), all under long-term leases with established tenants.? This corner-lot property is zoned B-1, offering flexibility for retail, office, or mixed-use occupancy in the future.? Located within the Opportunity Zone, this asset offers potential tax advantages and long-term upside.?

FOR SALE DETAILS

PRICE

$949,500 USD

PRICE/SF

$100 USD /SF

CAP RATE

8.1%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

33 & 35 N. Uncompahgre & 430 N. 1st, Montrose

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,022 SF

ZONING

B-1

APN/PARCEL ID

R0650747

ASK ABOUT THIS PROPERTY

Colleen AllerKeller Williams Realty Southwest AssociatesMore Info
970-901-7018

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Colleen AllerKeller Williams Realty Southwest AssociatesMore Info
970-901-7018

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