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Restaurant Property with Equipment
For Sale
$579,000

1047 N 1st Street, Montrose, CO 81401

Restaurant equipment is included with the real estate for a future food-service operation.

Property Size1,308 SF
Price / SF$442.66
Days on Market8

Property Features for 1047 N 1st Street

General Information

Standard status Active
Size 1,308 SF
Total Parking Spaces 7
Property subtype Commercial
Zoning Business, B-4

Additional Details

Asking Price $579,000
Equipment Included Yes

Building Details

Building Size 1,308 SF
Year Built 1946
Units 1
Listing Agency: Keller Williams Realty Southwest Associates, LLC - Montrose
Listed By: Colleen Aller · License #FA100097828
Source: Grandmesares
Added: Oct 21 Changed: Oct 25 Last Checked: Oct 26 at 4:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Southwest Associates, LLC - Montrose

Rey
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Investment Insights

Based on property information with market context.

The property at 1047 N 1st Street in Montrose includes restaurant equipment and was built in 1946. The restaurant is not currently operating. Zoning is identified as Business, B-4; any intended use remains subject to applicable approvals and verification.

Key Highlights

  • Restaurant equipment is included with the real estate
  • 1047 N 1st Street, Montrose, CO 81401
  • Zoning: Business, B‑4

Property Analytics

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Open Analytics

Current Use

Light House Eatery Restaurant

Suggested Use

Top Pick Daycare Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Butcher Carpet & Flooring Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,419
Businesses Nearby
42k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 76% Shops & Services 22% Hotels & Casinos 3%
McDonald's Dining
18,751 visits/mo 0.1 miles
Taco Bell Dining
10,760 visits/mo 0.2 miles
Shell Shops & Services
9,258 visits/mo 0.2 miles
Domino's Pizza Dining
2,489 visits/mo 0.2 miles
Days Inn Montrose Hotels & Casinos
1,079 visits/mo 0.3 miles

Demographics for 81401, CO

23,266
Population
10,782
Households
2.2
Avg Household Size
44
Median Age
29%
College-Educated
91%
High-School Grad
200.2 sq mi
ZIP Area
116
Density / Sq Mi
$63,541
Median Household Income
$36,548
Median Earnings
$1,090
Median Rent
$343,000
Median Home Value
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant equipment is included with the real estate for a future food-service operation.
Where is this conventional restaurant located?
The property is located at 1047 N 1st Street Montrose, CO.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: Restaurant equipment is included with the real estate; 1047 N 1st Street, Montrose, CO 81401; Zoning: Business, B‑4
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