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    33 N 1St St Montrose, CO 81401

    For Sale
    $949,500

    Multi-Use - Montrose, CO

    Property size:
    9,500 SF
    Lot size:
    0.21 Acres
    Days on Market:
    181
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 33 N 1St St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    9,500 SF
    Lot size
    0.21 Acres

    Building Details

    Architectural style
    Other

    Keller Williams Realty Southwest Associates (970) 247-3840 [email protected]

    Listing agent Colleen Aller (970) 596-0870

    Listing date Jun 9, 2025

    MLS# 824709 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 Investment Opportunity

    This commercial property is located in the heart of historic downtown Montrose. The property consists of three units: two street-facing buildings at 33 & 35 N. Uncompahgre Ave, and a rear-access unit at 430 N. 1st St. The property is fully leased with established tenants under long-term leases. Zoned B-1, the property offers flexibility for retail, office, or mixed-use occupancy. Located on a corner lot within Montrose’s Opportunity Zone, this asset offers potential tax advantages. The property has high visibility with strong pedestrian and vehicle traffic. The units are individually metered with private entrances. The lot size is 0.21 acres and the living area is 9500 square feet.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Alpine Floral, Inc, Kroger Floral, Dahlia Floral Design

    Location Insight

    • Map
    • Local Demand
    City
    Montrose
    County
    Montrose
    State
    Colorado
    Longitude
    -107.8815618
    Latitude
    38.4777534

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    FAQs

    What type of property is this?
    Storefront property - Fully leased commercial property in downtown Montrose with investment upside.
    Where is this storefront property located?
    The property is located at 33 N 1St St Montrose, CO.
    What is the asking price?
    The asking price for this property is $949,500.
    What are key features of this property?
    This property features: - Turn-key investment opportunity with immediate cash flow.; - Fully leased commercial property in historic downtown Montrose.; - High visibility location with strong pedestrian and vehicle traffic.
    (970) 596-0870
    Request Owner's contact information
    33 N 1St 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
    33 N 1St St Montrose, CO 81401
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