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Renovated Live-Work Commercial Building
For Sale
Contact for pricing
Pending

210 S Townsend Avenue, Montrose, CO 81401

Renovated building with an open layout, new interior and exterior updates, and a basement for storage, zoned B-2.

Property SizeContact for details
Days on Market148

Property Features for 210 S Townsend Avenue

General Information

Standard status Pending
Property subtype Industrial
Listing Agency: Coldwell Banker Distinctive Properties
Listed By: Makura Casias · License #CO
Source: Crexi
Added: Apr 11 Changed: Aug 25 Last Checked: Sep 4 at 9:38PM

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 Coldwell Banker Distinctive Properties

Investment Insights

Based on property information with market context.

This renovated commercial building offers an open floor plan with a main entryway that allows for framing in an additional private office. Interior upgrades include new bathrooms, fresh exterior and interior paint, new engineered laminate flooring, new light fixtures, updated plumbing and electrical, and new doors. The building also features a newly added kitchen with stainless steel appliances, granite countertops, and a backsplash behind French doors. A spacious basement provides additional storage.

The property is located near downtown on Townsend Avenue with exceptional exposure for a business. It is currently zoned B-2 residential, with the option to switch back to commercial zoning through the City of Montrose.

The space is designed to support either day-to-day business use or a live-work setup, with the flexibility to incorporate a private office from the main entryway.

Key Highlights

  • Renovated commercial building in the City of Montrose Opportunity Zone, with updates throughout the interior and exterior.
  • Open floor plan with ability to frame in an additional private office from the main entryway.
  • New bathrooms, fresh interior and exterior paint, new engineered laminate flooring, new light fixtures, doors, updated plumbing and electrical.

Property Analytics

Current Use

Live-work space

Suggested Use

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

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

1,632
Businesses Nearby

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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Live-work space - Renovated building with an open layout, new interior and exterior updates, and a basement for storage, zoned B-2.
Where is this live-work space located?
The property is located at 210 S Townsend Avenue Montrose, CO.
What are key features of this property?
This property features: Renovated commercial building in the City of Montrose Opportunity Zone, with updates throughout the interior and exterior.; Open floor plan with ability to frame in an additional private office from the main entryway.; New bathrooms, fresh interior and exterior paint, new engineered laminate flooring, new light fixtures, doors, updated plumbing and electrical.
More about this property
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