For Sale
$345,000

22 Uncompahgre AveMontrose, CO 81401

Five-tenant retail building, excellent ROI potential.

Overview

Added:
Feb 3
Days on market:
62
This exceptional 3,000 square foot retail property, situated on a 0.06-acre lot at 22 N Uncompahgre Avenue in Montrose, CO, presents a compelling investment opportunity. Currently boasting five tenants, several of whom have enjoyed long-term occupancy in this location, the property demonstrates strong potential for consistent rental income. Recent upgrades significantly enhance its value and appeal. A newer roof and a recently installed heating system ensure efficient and cost-effective operation. The majority of the flooring has also been recently replaced, contributing to the overall modern and well-maintained condition of the building. The property's strong tenant base, coupled with these recent improvements, makes it an attractive proposition for investors seeking a stable and potentially lucrative return. The asking price is $345,000, and owner financing may be available, making this an even more accessible investment opportunity. This property is ideally suited for an investor seeking a low-maintenance, high-yield addition to their portfolio. The prime Montrose location ensures high visibility and accessibility for tenants, further enhancing its investment potential. Serious inquiries are encouraged.

Property Details for 22 Uncompahgre Ave

Property type
Retail properties
Square Feet
3,000 SF
Year Built
1908
Lot Size (sq. ft)
2,614 SF

Location Insight

City
Montrose
County
Montrose
State
Colorado
Latitude
38.48082
Longitude
-107.8758
22 Uncompahgre Ave, Montrose, Colorado

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22 Uncompahgre Ave
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