555 Spring Creek RdMontrose, CO 81403

  • Retail properties
  • 1,836 SF
For Sale
$415,000 View listing

Property Details for 555 Spring Creek Rd

Year built
1988
Construction
WOOD
Lot size
0.48 AC
Property size (Sq ft)
1,836 SF
Property type
Retail properties
Property subtype
Retail space
APN
3767-283-00-038
APU
376728300038

Description

This exceptional 1,836 square foot retail property located at 555 Spring Creek Road, Montrose, CO, presents a compelling investment opportunity. Situated on a 0.48-acre lot, the building boasts a contemporary design with a modern, neutral color scheme, updated finishes, and abundant natural light. The interior features a flexible, open layout currently occupied by a long-term tenant who desires to continue their lease, ensuring immediate and consistent rental income for the new owner. The property's strategic location offers excellent accessibility and visibility, making it attractive to both employees and clients. This turnkey operation requires minimal effort from the investor, providing a hassle-free path to a strong return on investment. The asking price is $415,000. The existing tenant's commitment to the lease provides immediate cash flow, minimizing vacancy risk and maximizing the potential for long-term financial growth. This property is an ideal acquisition for investors seeking a stable, income-generating asset in a desirable Montrose location. The adaptable space allows for a variety of commercial uses, providing future flexibility for the property's operation.

555 Spring Creek Rd, Montrose, Colorado

Location Insight

City
Montrose
County
Montrose
State
Colorado
Latitude
38.4748
Longitude
-107.888
CBSA code
33940
CBSA name
MONTROSE, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,433
$25,530
$48,460
$73,990
-
$88,030
$167,110
$255,140

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