745 Main StMontrose, CO 81401

  • Hospitality properties
  • 0.21 AC
For Sale
$378,888 View listing

Property Details for 745 Main St

Year built
1915
Lot size
0.21 AC
Property type
Hospitality properties
Property subtype
Other retail properties

Description

This exceptional property at 745 E Main St, Montrose, CO 81401, presents a unique investment opportunity. The 2,343 square foot building, constructed in 1915 and renovated in 2007 (plumbing and electrical), sits on a 0.21-acre corner lot in the heart of downtown. Currently configured as a four-bedroom, three-bathroom residence, it boasts charming historic features including leaded glass windows, clawfoot bathtubs, and a sunroom. Its versatile layout and B-2 zoning allow for a variety of uses, including restaurant, retail, multi-family dwelling, or a live-work arrangement. The property's history includes previous use as a deli, coffee shop, and commercial kitchen, demonstrating its adaptability. The two-story building offers ample space and potential, enhanced by its Opportunity Zone designation, providing attractive tax incentives. The property is available for occupancy on July 29, 2024. This is a chance to own a piece of Montrose history with significant upside potential. The asking price is $378,888.

745 Main St, Montrose, Colorado

Location Insight

City
Montrose
County
Montrose
State
Colorado
Latitude
38.4823
Longitude
-107.873

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