Restaurant Building with
New
For Sale
$579,000
1047 N 1st Street, Montrose, CO 81401
COMMERCIAL, Montrose, CO
Property Size1,308 SF
Lot Size0.14 Acres
Price / SF$442.66
Days on Market2
Property Features for 1047 N 1st Street
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Half bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Directions
From Main Street and Townsend Avenue, head east on Main Street. Turn left onto North Lot Avenue, then right onto North 1st Street. Continue to 1047 N. 1st Street, on the left.
Standard status
Active
Size
1,308 SF
Lot size
0.14 Acres
Building Details
Year built
1946
Listing Agency:
Keller Williams Realty Southwest Associates, LLC - Montrose
(970) 596-0870
Listed By:
Colleen Aller · License #FA100097828
(970) 901-7018
Added: Oct 15
Last Checked: Oct 16 at 1:06AM
MLS# 839790
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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Investment Insights
Based on property information with market context.
The 1,308-square-foot restaurant property includes restaurant equipment and was built in 1946. The restaurant is not currently operating. The site encompasses 0.14 acres, and the interior includes two bathrooms.
Located at 1047 N. 1st Street in Montrose, the property is zoned B-4 Neighborhood Shopping. That designation also accommodates retail, professional offices, and other permitted uses, subject to applicable approvals.
Located at 1047 N. 1st Street in Montrose, the property is zoned B-4 Neighborhood Shopping. That designation also accommodates retail, professional offices, and other permitted uses, subject to applicable approvals.
Key Highlights
- 1,308‑square‑foot restaurant property with restaurant equipment
- 0.14‑acre site at 1047 N. 1st Street in Montrose
- Built in 1946
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,419
Businesses Nearby
42k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - B-4 zoning allows retail, professional office, and other permitted uses in addition to restaurant use.
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: 1,308‑square‑foot restaurant property with restaurant equipment; 0.14‑acre site at 1047 N. 1st Street in Montrose; Built in 1946
