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3501 Wolverine Dr
Montrose, CO 81401
Mattress Firm · Retail Property For Sale
Investment Highlights
- building located in the booming South corridor’s River Landing Shopping Center
- Zoned B-2 in the City of Montrose
- 28,000+ daily vehicles
Executive Summary
SOUTH COMMERCIAL CORRIDOR INVESTMENT PROPERTY-REAL ESTATE ONLY
Commercial Retail/Office Building Available in River Landing
4,596 sq.ft. (MOL) commercial building on .89-acre (MOL) lot, located in the busy S Townsend Ave/S Hwy 550 corridor with 28,000+ vehicles daily. High-quality construction, fire suppression system, HVAC, fiber-wired building on a beautifully landscaped lot. Building has large, picture windows on three sides, sizable showroom, 2 ADA bathrooms and ample size storage area. 23 paved off-street parking spaces. Surrounding businesses include Walmart, Home Depot, Discount Tire, Chili’s, Applebee’s, Camp Robber, Target, Hobby Lobby and Ross. Sale is for Real Estate only, business is not included. Zoned B-2 Highway Commercial in the City of Montrose; this district is intended as a shopping and business center for the City and surrounding area. Building is leased through September of 2027. Possible owner carry with the right terms.
Commercial Retail/Office Building Available in River Landing
4,596 sq.ft. (MOL) commercial building on .89-acre (MOL) lot, located in the busy S Townsend Ave/S Hwy 550 corridor with 28,000+ vehicles daily. High-quality construction, fire suppression system, HVAC, fiber-wired building on a beautifully landscaped lot. Building has large, picture windows on three sides, sizable showroom, 2 ADA bathrooms and ample size storage area. 23 paved off-street parking spaces. Surrounding businesses include Walmart, Home Depot, Discount Tire, Chili’s, Applebee’s, Camp Robber, Target, Hobby Lobby and Ross. Sale is for Real Estate only, business is not included. Zoned B-2 Highway Commercial in the City of Montrose; this district is intended as a shopping and business center for the City and surrounding area. Building is leased through September of 2027. Possible owner carry with the right terms.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
4,596 SF
Building Class
B
Year Built
2016
Price
$2,725,000
Price Per SF
$592.91
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.89 AC
Zoning
B-2 - Highway Commercial
Parking
23 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
506’ on Wolverine
Amenities
- Freeway Visibility
- Signalized Intersection
- Wheelchair Accessible
- Fiber Optic Internet
Property Taxes
| Parcel Number | R0023467 | Improvements Assessment | $265,890 |
| Land Assessment | $153,230 | Total Assessment | $419,120 |
Property Taxes
Parcel Number
R0023467
Land Assessment
$153,230
Improvements Assessment
$265,890
Total Assessment
$419,120
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