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Historic Retail Building
For Sale
$889,000

38 W Main Street, Montrose, CO 81401

COMMERCIAL, Montrose, CO

Property Size7,416 SF
Lot Size0.52 Acres
Price / SF$119.88
Days on Market85

Property Features for 38 W Main Street

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 1
Rooms Bathroom 1
Directions West Main Montrose
Standard status Active
Size 7,416 SF
Lot size 0.52 Acres

Amenities

on-site parking

Building Details

Year built 1928
Listing Agency: Shaffer Real Estate Company
Listed By: Burton Bullington · License #FA40038693
Added: Jun 9 Changed: Aug 19 Last Checked: Sep 1 at 6:06PM
MLS# 827132

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Built in 1928, this 7,416-square-foot retail space occupies a 0.52-acre parcel at 38 W Main Street in Montrose. The building includes one bathroom and offers a historic commercial setting for retail, office, studio, gallery, or service-based operations.

B-3 zoning supports flexible commercial use, while the property's position on a main street provides direct street exposure. On-site parking adds convenience for customers, employees, and visitors. The property is located minutes from downtown Montrose and may suit an owner-user or an investor seeking a commercial building with multiple documented use possibilities.

Key Highlights

  • 7,416 square feet of retail space
  • 0.52‑acre parcel at 38 W Main Street
  • Built in 1928

Property Analytics

Current Use

Producers Co-Op Big Box & Wholesale Store

Suggested Use

Top Pick Parking Lot & Garage Locksmith (Bike/Boat/Book/etc) Store Daycare Center Furniture & Home Goods Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,375
Businesses Nearby

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

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - B-3-zoned commercial property near downtown Montrose with on-site parking and flexible business-use potential.
Where is this retail space located?
The property is located at 38 W Main Street 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: 7,416 square feet of retail space; 0.52‑acre parcel at 38 W Main Street; Built in 1928
More about this property
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