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- LoopNet Team
432 E Main St
Montrose, CO 81401
428 & 432 E Main St · Retail Property For Sale
Investment Highlights
- Two 2,200 sq.ft.(MOL) retail spaces on main street
- Double delivery door in alley
- Incredible tax break with Opportunity Zone designation!
- 5,880 sq.ft. (MOL) upper story office/apartment potential
- Central to downtown restaurants and shopping
Property Facts
Amenities
- Air Conditioning
About 432 E MAIN ST , MONTROSE, CO 81401
PRIME CENTRAL DOWNTOWN LOCATION! Incredible Downtown Building with Many Possibilities! 11,708 sq.ft. (MOL) which includes, two 2,200 sq.ft. (MOL) historic downtown retail spaces and 5,880 sq.ft. (MOL) upper story office/apartment potential. Two street-level retail units with back common area of two ADA restrooms, storage and double delivery door from alley. 432 E Main is leased through October 31, 2021 and 428 E Main is leased through November 30, 2023. Second story has beautiful hardwood staircase from Main Street and newly constructed rear staircase to alley. Open canvas to build-out expansive upper space to professional offices, apartments, live-work studios or a combination. Adjacent to Wells Fargo Bank and central to downtown's restaurants and shopping. Assessor does not currently recognize second story in its heated square footage. Incredible tax break with Opportunity Zone designation!
Property Taxes
| Parcel Number | R0650760 | Improvements Assessment | $89,660 |
| Land Assessment | $19,590 | Total Assessment | $109,250 |
Property Taxes
