745 Main StMontrose, CO 81401
- Retail properties
- 0.21 AC
Property Details for 745 Main St
- Year built
- 1915
- Lot size
- 0.21 AC
- Property type
- Retail properties
- Property subtype
- Restaurants
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.
Location Insight
- City
- Montrose
- County
- Montrose
- State
- Colorado
- Latitude
- 38.4823
- Longitude
- -107.873
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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