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True Value 601 E Main St 14,700 SF Retail Building Montrose, CO 81401 $1,750,000 ($119.05/SF)
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. Owner Carry and Lease options available!
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. Owner Carry and Lease options available!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
14,700 SF
Building Class
C
Year Built
1984
Price
$1,750,000
Price Per SF
$119.05
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
Walk Score®
Very Walkable (86)
Nearby Major Retailers
Property Taxes
| Parcel Number | R0650587 | Improvements Assessment | $334,640 |
| Land Assessment | $29,530 | Total Assessment | $364,170 |
Property Taxes
Parcel Number
R0650587
Land Assessment
$29,530
Improvements Assessment
$334,640
Total Assessment
$364,170
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True Value | 601 E Main St
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