601 E Main St - Freestanding FOR SALE


Montrose, CO 81401
$1,750,000 USD
970-249-5001
601 E Main St, Montrose, CO for Sale
$1,750,000 USD
Freestanding - FOR SALE
1/29
null | Request Cap Rate

601 E Main St
Montrose, CO 81401


HIGHLIGHTS

  • Main Street Location
  • Corner of Main & Park
  • High Visibility

OVERVIEW

PRIME E. MAIN ST CORNER LOCATION! Downtown Commercial Property with High Visibility and Opportunity Zone Benefits! ~14,700 sq.ft. of space on the main level, ~3,200 sq.ft. basement for storage, receiving area with an 8' x 8' roll-up door in alley for deliveries, and 2 bathrooms. Formerly home to Montrose Hardware, it features a large open showroom and picture windows on Main Street perfect for showcasing retail items. 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, CMU Campus, 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. New Roof. Additionally, the building is located within an Opportunity Zone, providing significant tax benefits and incentives for investors. Owner Carry and Lease options available!

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$119 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

True Value

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

15,000 SF

ZONING

B-1

APN/PARCEL ID

R0650587

ASK ABOUT THIS PROPERTY

John RenfrowRenfrow RealtyMore Info
970-249-5001

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John RenfrowRenfrow RealtyMore Info
970-249-5001

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