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Triple Net Office Property
For Sale
$460,000
Pending

438 E Main Street, Montrose, CO 81401

COMMERCIAL - Montrose, CO

Property Size4,030 SF
Lot Size0.07 Acres
Days on Market45

Property Features for 438 E Main Street

General Information

Property type Commercial Sale
Property subtype Office
Bathrooms 4
Half bathrooms 4
Rooms Bathroom 1, Bathroom 3, Bathroom 4, Bathroom 2
Directions From the Corner Of Main and Townsend Avenue , head west for 4 blocks. Office on the right side of street.
Standard status Pending
Size 4,030 SF
Lot size 0.07 Acres

Building Details

Year built 1906
Listing Agency: HomeSmart Realty Partners · HomeSmart International
Listed By: Bernadette Waltrip
Added: Jun 29 Changed: Aug 10 Last Checked: Aug 12 at 12:06AM
MLS# 836317

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.

This for-sale office property at 438 E Main Street, Montrose, Colorado includes leased space under a triple net structure. The building also features an additional unit upstairs with its own separate entrance, offering the option to rent that space separately.

The property is positioned for downtown convenience, with street parking available and a city parking lot located just around the corner. The combination of on-street parking and nearby municipal parking supports tenant and customer access.

For tenants or investors seeking a smaller, manageable office asset, the existing long-term occupancy under a triple net lease may appeal to those looking for established rental operations. Owner-users may also find the separate upstairs entrance useful for independent access to a second office suite. The configuration—main leased space plus an additional upstairs unit—can provide flexibility compared with single-suite buildings, while still maintaining a straightforward office layout for professional use. All details should be confirmed with the listing broker and by reviewing available lease and unit information.

Key Highlights

  • Built in 1906, offering a downtown Montrose investment opportunity
  • Long‑term tenants in place with a triple net lease
  • Additional unit upstairs with a separate entrance could be rented for added income

Property Analytics

Current Use

H&R Block Tax Preparation

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.

Location Intelligence

Trade Area within ½ mile

1,715
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
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Frequently Asked Questions

What type of property is this?
Office units - For sale with a triple net lease in place and an additional upstairs office unit featuring a separate entrance.
Where is this office units located?
The property is located at 438 E Main Street Montrose, CO.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Built in 1906, offering a downtown Montrose investment opportunity; Long‑term tenants in place with a triple net lease; Additional unit upstairs with a separate entrance could be rented for added income
More about this property
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