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    340 S Townsend Ave Montrose, CO 81401

    Under Contract
    For Sale
    $1,050,000

    Office - Montrose, CO

    Type:Office
    Property size:
    2,700 SF
    Lot size:
    0.36 Acres
    Days on Market:
    97
    Last Refresh:
    Dec 13 at 11:06 am

    Property Features for 340 S Townsend Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active Under Contract
    Size
    2,700 SF
    Lot size
    0.36 Acres

    Building Details

    Year built
    1979
    Architectural style
    Other

    NextHome Virtual (970) 258-9300 [email protected]

    Listing agent Jessamy Pressler (970) 258-9300

    Listing date Sep 8, 2025

    MLS# 820654 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

    Renovated Office Building in Montrose

    This is a unique opportunity to own a recently renovated office building in Montrose, Colorado. The building, totaling 2700 square feet, was completely remodeled to the studs in 2015 and fully finished in 2017. Situated on a 0.36-acre lot, the property features a parking lot with 17 paved spaces. The property is zoned B2 Highway Commercial and benefits from coveted Townsend frontage placement in a growing area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Haney G Burtis ... Dentist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Montrose
    County
    Montrose
    State
    Colorado
    Longitude
    -107.8747124
    Latitude
    38.4757633

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    FAQs

    What type of property is this?
    Office building - Recently renovated office building with high visibility and traffic.
    Where is this office building located?
    The property is located at 340 S Townsend Ave Montrose, CO.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: - Recently renovated to the studs in 2015 and fully finished in 2017, offering a modern and updated space.; - Zoned B2 Highway Commercial, providing versatile business opportunities.; - Excellent visibility and high traffic counts due to coveted Townsend frontage placement.
    (970) 258-9300
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    340 S Townsend Ave 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
    340 S Townsend Ave Montrose, CO 81401
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