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    308 E Main St Montrose, CO 81401

    For Sale
    $575,000

    Retail - Montrose, CO

    Type:Retail
    Property size:
    2,817 SF
    Lot size:
    0.07 Acres
    Days on Market:
    12
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for 308 E Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Size
    2,817 SF
    Lot size
    0.07 Acres

    Building Details

    Year built
    1900
    Architectural style
    Other

    20 Sleeps West Real Estate (970) 901-8997 [email protected]

    Listing agent Debra Harmon (970) 901-8997

    Listing date Nov 25, 2025

    MLS# 820265 Listing URL

    Copyright © 2025 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Montrose Commercial Property

    Located in downtown Montrose, Colorado, this commercial property offers a blend of historic charm and modern updates. The building, dating back to the 1900s, features details such as tiled pressed tin ceilings. Recent updates include new flooring, freshly painted walls, and enhanced lighting circuits. The cast iron sewer drain has also been replaced. Zoned B-1, the property is suitable for a variety of uses, including retail, professional offices, and restaurants. Its location on Main Street provides high foot traffic and visibility, with proximity to restaurants, retail shops, City Hall, the Post Office, and Citizen's State Bank. The property's Opportunity Zone status may provide tax benefits. The building offers 2,817 square feet of space on a lot of 0.07 acres. The property is located in the heart of downtown Montrose. The property is ideal for entrepreneurs, law firms, or creative teams. The property is located at 308 E Main Street, Montrose, CO 81401.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Holiday Gifts & Home ... Gift Shop Creative Photography Portrait Studio Rhonda's Portraits Wedding Photographer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Safeway Floral, Alpine Floral, Inc, Kroger Floral, Dahlia Floral Design

    Location Insight

    • Map
    • Local Demand
    City
    Montrose
    County
    Montrose
    State
    Colorado
    Longitude
    -107.8772556
    Latitude
    38.478803

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    FAQs

    What type of property is this?
    Storefront property - Prime commercial building in downtown Montrose with historic charm.
    Where is this storefront property located?
    The property is located at 308 E Main St Montrose, CO.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: - Prime downtown Montrose location on Main Street with high foot traffic and visibility; - B-1 zoning allows for a wide range of business possibilities; - Opportunity Zone designation provides potential tax benefits
    (970) 901-8997
    Request Owner's contact information
    308 E Main St Montrose, CO 81401
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    Montrose, CO 81401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    308 E Main St Montrose, CO 81401
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