For Sale
$239,000

27 Cascade AveMontrose, CO 81401

Prime Montrose storefront, 2760 sq ft, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a 2,760 square foot retail storefront located at 27 N Cascade Ave in Montrose, Colorado, 81401. Currently operating as a well-established dry cleaning business, this single-unit property offers a stable, month-to-month net lease with 100% occupancy. The building, constructed in 1900, features solid, level floors and excellent access from Cascade Avenue, with ample parking available for both customers and employees. The property's prime location in downtown Montrose, just off Main Street and N. Cascade Avenue, ensures high visibility and strong foot traffic. The building's 2,760 square feet of retail space is versatile, suitable for a range of uses including retail, service businesses, professional offices, or even a restaurant. The property is zoned for commercial use and sits on a 2,760 square foot lot. The asking price is $239,000, translating to $86.59 per square foot. This represents a compelling opportunity to acquire a profitable, established business in a thriving Colorado community. Note that the adjacent property at 25 North Cascade Avenue is also available for purchase, presenting the potential for even greater investment returns. All information is deemed reliable but not guaranteed.

Highlights

  • $239,000 asking price for this Montrose, CO retail storefront.
  • 2,760 square feet of net rentable space in a single-story building.
  • 100% occupancy with a month-to-month lease.
  • Located in Montrose's Opportunity Zone, on Cascade Ave, near Main St.
  • Prime downtown location with ample parking.
  • Gross lease, single-tenant, commercial zoning.

Property Details for 27 Cascade Ave

Property type
Retail properties, Retail space
Square Feet
2,760 SF
Year Built
1900
Buildings
1
Stories
1
Units
1

Location Insight

City
Montrose
County
Montrose
State
Colorado
Latitude
38.4798272
Longitude
-107.8775812
27 Cascade Ave, Montrose, Colorado

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27 Cascade Ave
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