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27 S Cascade Ave Montrose, CO 81401

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For Sale
$1,450,000

Long-standing theater in Montrose, Colorado with business potential.

Lot size:
0.22 Acres

Property Features for 27 S Cascade Ave

General Information

Standard status
Active
Lot size
0.22 Acres

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Listing Contact
John Renfrow
Source: Exprealty

Listing Agency: Renfrow Realty Listing Agent: John Renfrow

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

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Overview

Montrose Theater with Opportunity Zone

This theater, a fixture in the Montrose community for almost 100 years, is available for sale. The approximately 18,325 square foot building offers an opportunity for transformation or continuation of its cinematic tradition. The property currently features 3 screening rooms with 84, 168, and 245 seats respectively, along with 3 sets of men’s and women’s restrooms, and a snack bar/retail area. Located in the city of Montrose, the property is zoned B-1 “Central Business” and has an Opportunity Zone designation, potentially offering investors tax benefits through deferred capital gains taxes. The trade fixtures and business are negotiable.
Location Intelligence

Current Use by Public Records

Kilbanes Cleaners and Tuxedo Dry Cleaner Fox Cinema Center Movie Theater Second Sunday Cinema Movie Theater

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
-107.8759388
Latitude
38.4791611

FAQs

What type of property is this?
Theater & concert hall - Long-standing theater in Montrose, Colorado with business potential.
Where is this theater & concert hall located?
The property is located at 27 S Cascade Ave Montrose, CO.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: - ~18,325 sq ft building in the Montrose community.; - Opportunity Zone designation offering substantial tax breaks.; - Zoned B-1 "Central Business" offering versatile usage.
More about this property
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