1020 South Townsend Avenue Montrose, CO 81401

Building Details

Year Built

1964

Listing agency eXp Realty, LLC t***@gmail.com Show Phone

Listed by Twyla Righter · License #FA100080950 Show Phone

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Added: Feb 5, 2025 Updated: Jul 22 at 1:58AM Checked: Jul 22 at 6:18AM

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Investment Insights

Based on property information with market context.

This well-maintained commercial building offers three individual units, with two units currently occupied by stable, active tenants on long-term lease agreements. The property is presented as fully leased and professionally managed, creating a straightforward configuration for an owner seeking in-place tenancy.

Located in the heart of downtown Montrose, the building is positioned for high visibility with access for both foot and vehicle traffic. The immediate area features a mix of businesses, restaurants, and amenities.

The property’s unit configuration supports a tenant mix within a single asset, with the existing lease history intended to help support ongoing occupancy and income stability.

Key Highlights

• Well‑maintained three‑unit commercial building with two units occupied by stable, active long‑term tenants
• Fully leased building offers immediate, consistent income based on current tenant occupancy
• Year built 1964

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FAQs

What type of property is this?

Office units - Well-maintained, fully leased three-unit building with long-term tenants occupying two units.

Where is this office units located?

The property is located at 1020 South Townsend Avenue Montrose, CO.

What is the asking price?

The asking price for this property is $600,000.

What are key features of this property?

This property features: Well‑maintained three‑unit commercial building with two units occupied by stable, active long‑term tenants; Fully leased building offers immediate, consistent income based on current tenant occupancy; Year built 1964