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841 N Grand Ave - Grand Avenue 3.12 Acres of Commercial Land Offered at $1,973,813 in Montrose, CO 81401

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EXECUTIVE SUMMARY

Presenting a prime commercial property at 841 N Grand Avenue in Montrose, Colorado. This 3.12-acre lot is strategically located at thesouthwest corner of the 9th Street roundabout on Grand Avenue, offering high visibility and accessibility. The property is zoned I-1 (Industrial),providing flexibility for various commercial and industrial uses. A key feature of this property is its frontage along the Uncompahgre River andthe adjacent bike trail, enhancing its appeal for businesses seeking a scenic and accessible location. The lot currently includes a 1,092 sq ftresidential structure built in 1973, configured as a 3-bedroom, 2-bathroom rental. The residence is occupied by a tenant on a month-to-monthlease, offering potential rental income or the opportunity for redevelopment. Listed at $1,973,813, this property represents a unique investmentopportunity in a growing area. The combination of substantial acreage, riverfront access, and versatile zoning makes it suitable for a range ofcommercial ventures.

PROPERTY FACTS Under Contract

Price $1,973,813
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 3.12 AC
Opportunity Zone Yes
Zoning I-1 - Subd: COLORADO OUTDOORS SOUTH MINOR SUBD AMENDED PLAT OF LOT 1 Lot: 1 S: 28 T: 49 R: 9

1 LOT AVAILABLE

Lot

Price $1,973,813
Price Per AC $632,632.37
Lot Size 3.12 AC
  • Listing ID: 34495434

  • Date on Market: 1/15/2025

  • Last Updated:

  • Address: 841 N Grand Ave, Montrose, CO 81401

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