1020 S Townsend Avenue, Montrose, CO 81401

Building Details

Year built

1964

Listing agent Twyla Righter Show Phone

Listing office Colorado Land Home & Ranch w***@gmail.com Montrose, CO Show Phone

Listing date Aug 15, 2025

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MLS# 827574

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.

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Overview

This for-sale commercial building includes three individual units within a downtown storefront configuration. The property is described as well maintained and professionally managed, with two of the units occupied by stable, active tenants on long-term lease agreements. The remaining unit is part of the same building and supports a multi-tenant ownership structure.

The address is 1020 S Townsend Avenue in Montrose, Colorado (81401). The listing notes a high-visibility downtown setting with both heavy foot and vehicle traffic, along with walkable access to surrounding businesses, restaurants, and general amenities.

For investors or owner-operators, the key practical feature is the existing leasing profile, including two units occupied under long-term agreements. The asset is positioned for tenants seeking storefront presence in a busy downtown environment, including retail and professional service users, while retaining flexibility at the building level to manage multiple unit spaces.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

Similar Places Nearby

• Safeway Floral — 1329 S Townsend Ave, Montrose, CO 81401
• Alpine Floral, Inc — 1301 N 2nd St, Montrose, CO 81403
• Kroger Floral — 128 S Townsend Ave, Montrose, CO 81401
• Dahlia Floral Design — 115 N Mesa Ave, Montrose, CO 81401

Location Insight

• Map
• Local Demand

City

Montrose

County

Montrose

State

Colorado

Longitude

-107.869141

Latitude

38.470682

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FAQs

What type of property is this?

Storefront property - Fully leased multi-unit storefront building with three units, including two long-term tenant-occupied spaces.

Where is this storefront property 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 downtown Montrose commercial building with 3 individual units; Two units occupied by stable, active tenants on long‑term lease agreements; Year built 1964