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Restaurant Building with Kitchen

2331 S Townsend Ave, Montrose, CO 81401

For Sale
$1,250,000

Includes dining seating, two ADA restrooms, central air conditioning, and paved on-site parking.

Property Size2,592 SF
Lot Size0.31 Acres
Price / SF$482.25
Days on Market17

Property Features for 2331 S Townsend Ave

General Information

Standard status Active
Size 2,592 SF
Lot size 0.31 Acres

Additional Details

Traffic Count 27,000 vehicles/day

Taxes and HOA fees

Annual Taxes $16,849

Amenities

two ADA restrooms
central air conditioning
highly visible signage
Listing Agency: Renfrow Realty
Listed By: John Renfrow · License #ER.040036477
Source: Exprealty
Added: Oct 21 Changed: Nov 6 Last Checked: Nov 6 at 2:41PM

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 Renfrow Realty

Rey
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Investment Insights

Based on property information with market context.

A 2,592-square-foot restaurant property occupies a 0.31-acre parcel at 2331 S Townsend Ave in Montrose. The building has customer seating, a kitchen with a three-bay sink, a rear delivery door, two ADA restrooms, and central air conditioning. Paved parking serves the property, and signage is present.

The site is near the signalized intersection of S Townsend Ave and E Oak Grove Rd, adjacent to Walgreens. S Townsend Ave is identified as Hwy 550, with reported traffic of more than 27,000 vehicles per day.

Key Highlights

  • 2,592‑square‑foot restaurant building on a 0.31‑acre lot
  • Near the signalized corner of S Townsend Ave and E Oak Grove Rd, adjacent to Walgreens
  • Reported traffic exceeds 27,000 vehicles per day on S Townsend Ave/Hwy 550

Property Analytics

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Current Use

Pizza Hut Take-out & Catering

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Storage Facility Auto Repair Shop HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

27,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

425
Businesses Nearby
187k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 67% Home Improvements & Furnishings 21% Shops & Services 7% Apparel 3%
Murdoch's Ranch & Home Supply Home Improvements & Furnishings
27,594 visits/mo 0.2 miles
McDonald's Dining
20,527 visits/mo 0.5 miles
Dutch Bros. Coffee Dining
14,131 visits/mo 0.3 miles
Taco Bell Dining
12,905 visits/mo 0.2 miles
Starbucks Dining
12,453 visits/mo 0.3 miles

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
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Includes dining seating, two ADA restrooms, central air conditioning, and paved on-site parking.
Where is this conventional restaurant located?
The property is located at 2331 S Townsend Ave Montrose, CO.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 2,592‑square‑foot restaurant building on a 0.31‑acre lot; Near the signalized corner of S Townsend Ave and E Oak Grove Rd, adjacent to Walgreens; Reported traffic exceeds 27,000 vehicles per day on S Townsend Ave/Hwy 550
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