308 E MAIN Street Montrose, CO 81401

Building Details

Year Built

1900

Listing office 20 Sleeps West Real Estate Show Phone

Listing date May 31, 2024

Source Xome

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Investment Insights

Based on property information with market context.

Located in the heart of downtown Montrose, Colorado, this commercial property offers a prime opportunity. Situated on Main Street, the building dates back to 1900 and retains its historic charm. The property is suitable for various uses, including retail, professional offices, restaurants, or a law firm. The building features tiled pressed tin ceilings. Modern updates include new flooring, freshly painted walls, and enhanced lighting circuits. The cast iron sewer drain has been replaced. Zoned B-1, the property offers zoning flexibility. It is located steps from restaurants, retail shops, City Hall, the Post Office, and Citizen's State Bank. The property's Opportunity Zone status provides potential tax benefits. The property contains 2,817 square feet. The updated space is suitable for entrepreneurs, law firms, or creative teams.

Key Highlights

• Prime downtown Montrose location on Main Street with high foot traffic and visibility.
• B‑1 zoning allows for a wide range of business possibilities.
• Opportunity Zone designation provides significant tax benefits.

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FAQs

What type of property is this?

Storefront property - Prime commercial building in downtown Montrose with high foot traffic.

Where is this storefront property located?

The property is located at 308 E MAIN Street Montrose, CO.

What is the asking price?

The asking price for this property is $575,000.

What are key features of this property?

This property features: Prime downtown Montrose location on Main Street with high foot traffic and visibility.; B‑1 zoning allows for a wide range of business possibilities.; Opportunity Zone designation provides significant tax benefits.