Remodeled Storefront with Studio
For Sale
$899,000
316 E Main Street, Montrose, CO 81401
COMMERCIAL, Montrose, CO
Property Size3,750 SF
Lot Size0.05 Acres
Price / SF$239.73
Days on Market92
Property Features for 316 E Main Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Bathrooms
2
Half bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Directions
From the stoplight at Townsend & Main Street, turn west. Subject property is on the south side of the street.
Standard status
Active
Size
3,750 SF
Lot size
0.05 Acres
Amenities
front display windows
private offices
storage space
studio apartment
Building Details
Year built
1919
Listing Agency:
20 Sleeps West Real Estate
(970) 901-5131
Listed By:
Debra Harmon · License #ER100016695
(970) 901-8997
Added: Jun 9
Changed: Aug 19
Last Checked: Sep 8 at 8:06PM
MLS# 822737
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Investment Insights
Based on property information with market context.
This 3,750-square-foot storefront property dates to 1919 and has been remodeled with exposed brick walls, original wood flooring, and a tin ceiling. The 3,125-square-foot main level includes an open retail layout, two private offices, storage, and front display windows. A 625-square-foot studio apartment occupies the upper level and can support live-work use or conversion to office space.
The property carries B-1 zoning and fronts E Main Street in downtown Montrose. City Hall, the Post Office, Citizen's State Bank, and other businesses are located within one block. The offering includes the real estate only; the business operating in the building is not included.
The property carries B-1 zoning and fronts E Main Street in downtown Montrose. City Hall, the Post Office, Citizen's State Bank, and other businesses are located within one block. The offering includes the real estate only; the business operating in the building is not included.
Key Highlights
- 3,750 square feet of commercial building area
- 3,125‑square‑foot main level with open retail layout
- 625‑square‑foot upper‑level studio apartment
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,715
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 81401, CO
23,266
Population
10,782
Households
2.2
Avg Household Size
44
Median Age
29%
College-Educated
91%
High-School Grad
200.2 sq mi
ZIP Area
116
Density / Sq Mi
$63,541
Median Household Income
$36,548
Median Earnings
$1,090
Median Rent
$343,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Historic commercial building combines open retail space, private offices, storage, and an upper-level studio.
Where is this storefront property located?
The property is located at 316 E Main Street 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: 3,750 square feet of commercial building area; 3,125‑square‑foot main level with open retail layout; 625‑square‑foot upper‑level studio apartment
