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    316 E Main St Montrose, CO 81401

    Picture of Retail space at E Main St 316, Montrose, CO
    For Sale
    $899,000

    Retail - Montrose, CO

    Type:Retail
    Property size:
    3,750 SF
    Lot size:
    0.05 Acres
    Days on Market:
    238
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 316 E Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Size
    3,750 SF
    Lot size
    0.05 Acres

    Building Details

    Year built
    1919
    Architectural style
    Other

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

    Listing agent Debra Harmon (970) 901-8997

    Listing date Apr 12, 2025

    MLS# 822737 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 Building

    Located in downtown Montrose, this remodeled commercial building offers a blend of historic charm and modern functionality. The 3,750 square foot property features brick walls, original wood floors, and a tin ceiling. The main level spans 3,125 square feet and includes an open retail floor plan, two private offices, ample storage space, and front display windows. Upstairs, a 625 square foot studio apartment offers live-work convenience or potential for additional office space. Zoned B-1, the property is suitable for various business opportunities, including retail, professional offices, and a boutique restaurant. The property is located on Main Street, one block from City Hall, the Post Office, Citizen’s State Bank, and other businesses. The lot size is 0.05 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    D'Medici Footwear and Clothing Clothing Store

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Montrose
    County
    Montrose
    State
    Colorado
    Longitude
    -107.877155
    Latitude
    38.4788861

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    FAQs

    What type of property is this?
    Retail space - Remodeled commercial building in downtown Montrose with retail and office space.
    Where is this retail space located?
    The property is located at 316 E Main St Montrose, CO.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: - Prime downtown Montrose location with high Main Street visibility and foot traffic.; - Versatile B-1 zoning allows for a wide range of business opportunities.; - Remodeled 3,750 sq ft commercial building with historic charm.
    (970) 901-8997
    Request Owner's contact information
    316 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
    316 E Main St Montrose, CO 81401
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