1020 S Townsend Avenue Montrose, CO 81401

Building Details

Year built

1964

Listing agency Colorado Land Home & Ranch w***@gmail.com Show Phone

Listed by Twyla Righter · License #FA100080950 Show Phone

Added: Aug 15, 2025 Updated: Jul 11 at 11:32AM Checked: Jul 22 at 11:06AM

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MLS# 827574

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Investment Insights

Based on property information with market context.

This for-sale commercial building includes three individual units in a well-maintained property configuration. Two of the units are currently occupied by stable, active tenants on long-term lease agreements, supporting an immediate income component for an owner. The property is described as professionally managed and maintained.

Located at 1020 S Townsend Avenue in downtown Montrose, the building is positioned for visibility with heavy foot and vehicle traffic. The location is characterized as walkable and accessible, with nearby businesses, restaurants, and amenities.

If you’re looking for a multi-unit office/commercial asset, the building’s three-unit setup and established tenancy history can be a practical fit for buyers seeking a downtown property with strong day-to-day occupancy.

Key Highlights

• Fully leased commercial building in downtown Montrose with 3 individual units
• Year built 1964; professionally managed and well maintained
• Two units are occupied by stable, active tenants on long‑term lease agreements

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FAQs

What type of property is this?

Office units - Well-maintained three-unit commercial building with two long-term tenants and professional management in downtown Montrose.

Where is this office units located?

The property is located at 1020 S Townsend Avenue Montrose, CO.

What is the asking price?

The asking price for this property is $600,000.

What are key features of this property?

This property features: Fully leased commercial building in downtown Montrose with 3 individual units; Year built 1964; professionally managed and well maintained; Two units are occupied by stable, active tenants on long‑term lease agreements