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309 E Main St
Montrose, CO 81401
Retail Property For Sale

Investment Highlights

  • Currently Fully Occupied Comercial Storefront on Main Street with great Foot and Vehicle Traffic!!

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
6,204 SF
Building Class
C
Year Built
1905
Tenancy
Single
Building Height
1 Story
Building FAR
0.49
Lot Size
0.29 AC
Zoning
B-1 - Central Business
Frontage
46’ on East Main St / CO Hwy 50

Amenities

  • Signage
  • Signalized Intersection
  • Storage Space

About 309 E MAIN ST , MONTROSE, CO 81401

This building has been updated and remodeled but has not lost it's character!!! The main areas of the building have oak plank flooring in excellent condition with tasteful period lighting fixtures...There are 2 huge modern ADA bathrooms with stalls and all the plumbing and wiring is in to install a commercial kitchen if you wanted to have a restaurant...There is a back door entry from a designated City parking lot.... there are leases in place if you wanted to maintain cash flow... Double doors in the back wall to facilitate shipping.... This is a grand old building with brick walls and good structural integrity!!! Building is being used as 2 separate businesses..existing bar with plumbing. Property is also currently in the Qualified Opportunity Zone and the Colorado Enterprise Zone for significant tax advantages for the right buyer.

Property Taxes

Property Taxes

Parcel Number
R0650787
Land Assessment
$14,150
Improvements Assessment
$125,060
Total Assessment
$139,210
  • Listing ID: 18219562

  • Date on Market: 1/17/2020

  • Last Updated:

  • Address: 309 E Main St, Montrose, CO 81401

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