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Historic Mixed-Use Building Downtown

238 S 2nd Street Montrose, CO 81401

238 S 2nd Street, Montrose, CO, 81401
$535,000
For Sale
$535,000

Historic building on a 0.14-acre lot with a separate upper-level apartment, basement storage, and detached one-car garage/carport.

Property Size2,939 SF
Lot Size0.14 Acres
Price / SF$182.03
Days on Market102

Property Features for 238 S 2nd Street

General Information

Standard status
Active
Size
2,939 SF
Lot size
0.14 Acres
Property subtype
Commercial/Industrial

Building Details

Year Built
1898
Listing Agency Keller Williams Colorado West Realty
Listed by Delphine Jadot
Source Exitrealty
Added: Apr 11 Updated: Jul 20 at 3:38 am Checked: Jul 20 at 3:38 am

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 Keller Williams Colorado West Realty


Investment Insights

Based on property information with market context.

238 S 2nd Street is a landmark historic office/retail building in downtown Montrose, standing since 1898 and renovated to blend historic character with modern functionality. The property is described as having flexible configuration for owner-user space, professional office or service uses, boutique retail, wellness, or other mixed-use scenarios. A notable component is the separate upper-level apartment, which includes its own living space and kitchen and can support additional income.

The building sits within the downtown business district and is described as being just steps from Main Street, with nearby access to City Market, retail shops, professional services, and several local restaurants. The property offers approximately 2,939 square feet plus basement storage and is on a 0.14-acre lot. Alley access and a detached one-car garage/carport provide added convenience for deliveries, employee parking, tenant access, storage, or other operational needs.

With a highly visible downtown address and a multi-use configuration, the property can serve a variety of business and investment approaches supported by its on-site apartment and adaptable commercial layout.

Key Highlights

  • Historic 1898 building in downtown Montrose with about 2,939 SF plus basement storage.
  • Separate upper‑level apartment with its own living space and kitchen for rental, employee housing, or executive suite use.
  • Located steps from Main Street in a walkable downtown business district with nearby retail and services.

Property Analytics

Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

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

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

FAQs

What type of property is this?
Office building - Historic building on a 0.14-acre lot with a separate upper-level apartment, basement storage, and detached one-car garage/carport.
Where is this office building located?
The property is located at 238 S 2nd Street Montrose, CO.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Historic 1898 building in downtown Montrose with about 2,939 SF plus basement storage.; Separate upper‑level apartment with its own living space and kitchen for rental, employee housing, or executive suite use.; Located steps from Main Street in a walkable downtown business district with nearby retail and services.
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