2091 Locust Road, Montrose, CO 81401

Building Details

Year Built

1932

Listing office Keller Williams Realty Southwest Associates, LLC - Montrose a***@gmail.com Show Phone

Listing date Apr 27, 2025

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Overview

Located in Montrose, Colorado, this multifamily property presents an investment opportunity. The property is zoned R-4 High Density Residential, which allows for a range of multifamily uses. The property includes multiple rental units with established tenancy, providing cash flow. Each unit features private entrances, functional floorplans, and off-street parking. The location provides access to downtown Montrose, Montrose Regional Airport, schools, shopping, dining, and medical services. Nearby are parks, walking trails, and the Uncompahgre River corridor. Montrose is experiencing growth, attracting new residents seeking quality of life, affordability, and year-round recreation. The property is positioned for additional units, redevelopment, or expansion in the future, subject to city approval. The property has a size of 4903 square feet.

Suggested Use

Real Estate Agency Law Firm Pharmacy Gym & Fitness Center Bar & Pub Big Box & Wholesale Store Daycare Center Food Market Discount Store Electronics & Wireless Store

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

Location Insight

• Map
• Local Demand

City

Montrose

County

Montrose

State

Colorado

Longitude

-107.8555998

Latitude

38.4927816

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FAQs

What type of property is this?

Quadplex - Multifamily property in Montrose, Colorado with long-term development potential.

Where is this quadplex located?

The property is located at 2091 Locust Road Montrose, CO.

What is the asking price?

The asking price for this property is $1,099,000.

What are key features of this property?

This property features: R‑4 High Density Residential zoning allows for flexible multifamily uses and future redevelopment/expansion.; Multiple units with established tenancy provide immediate and stable cash flow.; Prime location near downtown Montrose, Montrose Regional Airport, schools, and shopping.