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    38 W Main St Montrose, CO 81401

    For Sale
    $889,000

    Multi-Use - Montrose, CO

    Property size:
    7,416 SF
    Lot size:
    0.52 Acres
    Days on Market:
    128
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 38 W Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    7,416 SF
    Lot size
    0.52 Acres

    Building Details

    Year built
    1928
    Architectural style
    Other

    Shaffer Real Estate Company (970) 835-9350 [email protected]

    Listing agent Burton Bullington (970) 835-9350

    Listing date Jul 31, 2025

    MLS# 827132 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

    Historic Building on Main Street

    This historic building is located on a high-visibility main street, minutes from downtown. The property, zoned B-3 for flexible commercial use, is suitable for a range of business uses, including retail, office space, studio, gallery, or service-based operations. It offers ample on-site parking and excellent street exposure. The building has a total living area of 7416 square feet and is situated on a 0.52-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Producers Co-Op Farm Equipment Supplier

    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

    Kroger Floral, Dahlia Floral Design

    Location Insight

    • Map
    • Local Demand
    City
    Montrose
    County
    Montrose
    State
    Colorado
    Longitude
    -107.8798185
    Latitude
    38.4766241

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    FAQs

    What type of property is this?
    Storefront property - Charming historic building suitable for retail, office, or studio.
    Where is this storefront property located?
    The property is located at 38 W Main St Montrose, CO.
    What is the asking price?
    The asking price for this property is $889,000.
    What are key features of this property?
    This property features: - High-visibility main street location minutes from downtown.; - Zoned B-3 for flexible commercial use.; - Ample on-site parking.
    (970) 835-9350
    Request Owner's contact information
    38 W 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
    38 W Main St Montrose, CO 81401
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