238 S 2nd Street, Montrose, CO 81401

This historic mixed-use commercial building, built in 1898 and thoughtfully renovated, offers approximately 2,939 square feet plus basement storage, set on a 0.14-acre lot. The configuration supports multiple business and income uses, including owner-occupancy with supplemental rental income, professional office use, boutique retail, wellness, or service-based operations. A standout feature is the separate upper-level apartment, complete with its own living space and kitchen, which can be used for long-term rental, employee housing, an owner’s residence, or an executive suite. The property also includes valuable alley access and a detached one-car garage/carport.

Located in downtown Montrose, the building is described as highly visible and within walking distance to Main Street and area destinations. Nearby references in the remarks include City Market, retail shops, professional services, and restaurants such as The Rathbone and Eatery 66. The location is positioned for convenient customer and tenant access through a walkable downtown setting.

For tenants, buyers, and operators, the space is suited to organizations seeking a landmark presence with adaptable layouts for multiple business types, along with on-site residential income potential via the upper apartment. The combination of street-front exposure and alley access can support day-to-day operations such as deliveries, storage, employee parking, and rear access needs.