1100 Townsend AveMontrose, CO 81401
- Office properties
- 2,205 SF
Property Details for 1100 Townsend Ave
- Year built
- 1952
- Construction
- WOOD
- Lot size
- 0.24 AC
- Property size (Sq ft)
- 2,205 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 3767-342-13-001
- APU
- 376734213001
Description
This exceptional 2,205 square foot office building is situated on a 0.24-acre lot at 1100 S Townsend Avenue in Montrose, Colorado. Its prime location offers unparalleled visibility and accessibility, benefiting from a highly recognizable signage location that has served the Montrose community for years. The property boasts excellent curb appeal, ensuring a positive first impression for clients and employees. Ample parking is readily available, providing convenience for staff and visitors. The strategic location is further enhanced by the presence of thriving nearby businesses, creating a synergistic environment that naturally drives traffic and fosters business growth. This presents a unique opportunity to establish or expand your business in a highly desirable area. It's important to note that a portion of the building is currently under lease. Detailed lease terms are available upon request. The asking price for this exceptional property is $750,000. This is a rare opportunity to acquire a well-established and highly visible commercial property in a thriving Montrose community. Don't miss out on this chance to secure a prime location for your business success.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $405,225
- 6.5%
- $374,054
- 7%
- $347,336
-
Comparable approach
- Method
- Valuation
- Relative Method
- $448,730
- Geo Method
- $182,177
-
Alternative Use
- Use
- Valuation
- Residential
- $463,827
- Hospitality
- $424,863
- Educational
- $353,481
- Medical
- $365,638
- Retail
- $549,859
Location Insight
- City
- Montrose
- County
- Montrose
- State
- Colorado
- Latitude
- 38.47
- Longitude
- -107.868
- CBSA code
- 33940
- CBSA name
- MONTROSE, CO MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].