For Sale
$1,938,000

601 Main StMontrose, CO 81401

Prime Main St location, 14,700 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 14,700 square foot retail property, located at 601 E Main St in Montrose, Colorado, presents a unique investment opportunity. Situated on a 0.35-acre corner lot at a signalized intersection, this building boasts unparalleled visibility and accessibility. Formerly housing Montrose Hardware, the property features a large open showroom with picture windows facing Main Street, ideal for showcasing merchandise. The interior includes approximately 3,200 square feet of basement space perfect for storage, along with a convenient receiving area featuring an 8' x 8' roll-up door in the alley for deliveries. Two bathrooms are also included. Built in 1947 and renovated in 1984, the building has recently undergone a new roof installation. Zoned B-1 "Central Business District," this property is suitable for a variety of businesses, including professional offices or retail establishments. Its prime location in the heart of Montrose's historic downtown district offers proximity to the Montrose City Offices, CMU Campus, Post Office, and numerous local businesses. The property's location within an Opportunity Zone provides significant tax benefits and incentives for investors. The asking price is $1,938,000, with a price per square foot of $131.84. The property is currently vacant and available for occupancy on August 7, 2024. This is a rare chance to acquire a high-visibility, well-located commercial property in a thriving Colorado community.

Highlights

  • 14,700 SF retail building on a 0.35-acre corner lot at a signalized intersection in Montrose, CO's historic downtown.
  • High visibility and accessibility, ideal for attracting foot traffic. Walking distance to City Offices, CMU, Post Office, and local businesses.
  • B-1 Central Business District zoning; suitable for various uses, including retail and professional offices.
  • Features include a new roof, 3,200 SF basement, receiving area with 8'x8' roll-up door, and large showroom with Main Street frontage.
  • Opportunity Zone location offers significant tax benefits. Asking price: $1,938,000 ($131.84/SF). Available August 7, 2024.

Property Details for 601 Main St

Property type
Retail properties, Restaurants
Square Feet
14,700 SF
Buildings
1
Stories
1
Lot Size (sq. ft)
15,246 SF

Location Insight

City
Montrose
County
Montrose
State
Colorado
Latitude
38.481004643405
Longitude
-107.87461285183
601 Main St, Montrose, Colorado

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
601 Main St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message