1245 Main StMontrose, CO 81401

Property Details for 1245 Main St

Year built

1923

Construction

WOOD

Lot size

0.21 AC

Property size (Sq ft)

2,970 SF

Property type

Other commercial real estate

APN

3767-272-22-010

APU

376727222010

Description

This exceptional commercial property, located at 1245 E Main St, Montrose, CO 81401, offers 2,969 square feet of versatile space in a high-traffic area. Situated on a corner lot at the intersection of Main Street and the San Juan Bypass (Highway 50), this building boasts excellent visibility and accessibility. Built in 1923, the single-tenant property features a spacious main floor with a welcoming reception area, eight offices, a kitchen, and two restrooms. Upstairs, two additional offices provide extra workspace. Unfinished basement space offers ample storage potential. The property sits on approximately 0.21 acres and includes a private, paved, off-street parking lot. Zoned B-2, the property is suitable for a variety of uses, including retail, restaurants, office space, and service establishments. The lease is a NNN lease, meaning the tenant is responsible for property taxes, building insurance, operating expenses, utilities, maintenance, and liability insurance. This is a rare opportunity to secure a well-located, established commercial building in a thriving Montrose community.

• Alternative Use

  Use

  Valuation

  Residential

  $624,746

  Hospitality

  $572,264

  Educational

  $476,117

  Medical

  $492,491

  Retail

  $740,626

Location Insight

City

Montrose

County

Montrose

State

Colorado

Latitude

38.486

Longitude

-107.868

CBSA code

33940

CBSA name

MONTROSE, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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