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601 E Main St
Montrose, CO 81401
True Value · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,700 SF
Building Class
C
Year Built
1984
Price
$2,407,335 CAD
Price Per SF
$163.76 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.98
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
B-1 - Central Business District

AMENITIES

  • Security System
  • Signalized Intersection
  • Wheelchair Accessible
  • Storage Space
  • Fiber Optic Internet

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R0650587
Land Assessment
$40,622 CAD
Improvements Assessment
$460,337 CAD
Total Assessment
$500,960 CAD
  • Listing ID: 32746646

  • Date on Market: 2024-08-09

  • Last Updated:

  • Address: 601 E Main St, Montrose, CO 81401

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