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Investment Highlights

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

Executive Summary

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.?

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
9,500 SF
Building Class
C
Year Built
1935
Price
$1,310,661 CAD
Price Per SF
$137.96 CAD
Cap Rate
8.10%
NOI
$106,164 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.22 AC
Opportunity Zone
Yes
Zoning
B-1

Amenities

  • Restaurant
  • Signage
  • Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

CrossFit
Bank of Colorado
Jazzercise
City Market
Safeway
Vectra Bank
NBH Bank
BMO
Gold's Gym
HOTWORX

Property Taxes

Property Taxes

Parcel Number
R0650747
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$126,819 CAD
  • Listing ID: 41028278

  • Date on Market: 2026-06-23

  • Last Updated:

  • Address: 430 N 1st St, Montrose, CO 81401

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