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33 & 35 N. Uncompahgre & 430 N. 1st, Montrose 430 N 1st St 9,500 SF 100% Leased Retail Building Montrose, CO 81401 $949,500 ($99.95/SF) 8.10% Cap Rate
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.?
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
Building Size
9,500 SF
Building Class
C
Year Built
1935
Price
$949,500
Price Per SF
$99.95
Cap Rate
8.10%
NOI
$76,910
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.89
Lot Size
0.12 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
Property Taxes
| Parcel Number | R0650747 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $90,890 |
Property Taxes
Parcel Number
R0650747
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$90,890
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33 & 35 N. Uncompahgre & 430 N. 1st, Montrose | 430 N 1st St