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    337 E Main St Montrose, CO 81401

    For Sale
    $1,500,000

    Historic downtown retail space with development potential.

    Property size:
    10,125 SF
    Lot size:
    0.15 Acres

    Property Features for 337 E Main St

    General Information

    Size
    10,125 SF
    Lot size
    0.15 Acres

    Source: Renfrow Realty Agent John Renfrow

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Retail/Live-Work Opportunity

    This 10,000 square foot (MOL) property features historic downtown retail space. The building includes two ADA restrooms, a freight elevator, and a modern elevator. Located in central downtown, the property is near restaurants and shopping. The property is located in an Opportunity Zone, offering potential tax benefits. The property is suitable for a variety of uses, including professional offices, apartments, live-work studios, or a combination thereof. The property offers the opportunity to continue with the current business and lease or build your dream business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Camera Clique Montrose Photography Studio Candace Miller Photography Photographer Country Flair Antique ... Home Goods Store Art from the Hartt Gift Shop Peak Life Photography Wedding Photographer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Montrose
    County
    Montrose
    State
    Colorado
    Longitude
    -107.8771899
    Latitude
    38.4793766

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    FAQs

    What type of property is this?
    Retail space - Historic downtown retail space with development potential.
    Where is this retail space located?
    The property is located at 337 E Main St Montrose, CO.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - 10,000 sq.ft. (MOL) historic downtown retail space.; - Opportunity Zone designation provides incredible tax break.; - Versatile space suitable for retail, offices, apartments, or live-work studios.
    (970) 240-0550
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    337 E Main St 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
    337 E Main St Montrose, CO 81401
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