25 Cascade Ave Montrose, CO 81401

This 1,725 square foot storefront, located at 25 N Cascade Ave in Montrose, CO 81401, presents a compelling investment opportunity. The Class C property, built in 1900 and extensively renovated in 2023, boasts a desirable downtown location just one block from Main Street. Currently operating at 100% occupancy with a month-to-month tenant, this single-tenant retail space offers immediate income potential. The building features a spacious open area, a private office, meeting and storage areas, and a half bath. Upstairs, an additional 300 square feet of storage provides versatile functionality. Rear parking ensures convenient access. The property sits on a 1,725 square foot lot and is zoned for commercial use. The asking price is $209,000, translating to $121.16 per square foot. This is a gross lease. The adjacent property, 27 North Cascade Avenue, is also available for purchase, presenting an opportunity for portfolio expansion. All information is deemed reliable but should be independently verified.