601 Main St Montrose, CO 81401

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.