121 Tributary StMontrose, CO 81401

Property Details for 121 Tributary St

Year built

2024

Lot size

3.49 AC

Property size (Sq ft)

55,624 SF

Property type

Mixed-use properties

Description

This exceptional mixed-use commercial property, situated at 121 Tributary Street in Montrose, Colorado, presents a compelling investment or end-user opportunity. Boasting a substantial 55,624 square feet of space across two levels, this building sits on a generous 3.49-acre lot within the Colorado Outdoors project, a planned 165-unit development adjacent to the Uncompahgre River. Its strategic location within an Opportunity Zone offers significant tax advantages. Originally conceived for ambulatory care and medical tenants, the building's shell is currently complete, providing a blank canvas for customization to suit diverse needs. This flexibility allows for a wide range of potential uses, making it an ideal investment for those seeking to create a tailored commercial space. The substantial size and prime location within a thriving development make this a rare and unique opportunity in the Montrose market. The property's existing structure offers significant cost savings compared to new construction, while still allowing for complete interior design and build-out to meet specific requirements. This is a chance to acquire a substantial commercial property in a desirable location with considerable upside potential. The property is priced at $9,750,000.

Location Insight

City

Montrose

County

Montrose

State

Colorado

Latitude

38.4891

Longitude

-107.895

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