27 Cascade Ave Montrose, CO 81401
Iconic building, 18,325 sq ft, Opportunity Zone.
Property size:
18,325 SFProperty Features for 27 Cascade Ave
General Information
- Property type
- Retail properties & Spaces
- Square Feet
- 18,325 SF
- Lot Size
- 9,583 SF
Building Details
- Year Built
- 1929
Listing Agency: Renfrow Realty Listing Agent: John Renfrow
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 18,325 square foot building located at 27 S CASCADE Avenue, Montrose, CO presents a rare investment opportunity. A beloved community landmark for nearly a century, this former theater offers immense potential for adaptive reuse or continued operation as a cinematic venue. The property boasts three screening rooms with seating capacities of 84, 168, and 245, respectively, along with three sets of men's and women's restrooms, and a fully equipped snack bar/retail area. Situated on a 0.22-acre lot, the building is zoned B-1 Central Business, providing flexibility for a variety of commercial uses. A significant advantage is its designation as an Opportunity Zone, offering substantial tax benefits to qualified investors through deferred capital gains taxes. The asking price of $1,700,000 is for the real estate
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Kilbanes Cleaners and Tuxedo
(Bike/Boat/Book/etc) Store
Fox Cinema Center
Cinema
Second Sunday Cinema
Cinema
Location Insight
- Map
- Local Demand
- City
- Montrose
- County
- Montrose
- State
- Colorado
- Longitude
- -107.8758
- Latitude
- 38.4792
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FAQs
What type of property is this?
Retail property - Iconic building, 18,325 sq ft, Opportunity Zone.
Where is this retail property located?
The property is located at 27 Cascade Ave Montrose, CO.
What is the asking price?
The asking price for this property is $1,700,000.
