Search
Remodeled Storefront with Studio Apartment

316 E Main Street, Montrose, CO 81401

For Sale
$899,000

COMMERCIAL, Montrose, CO

Property Size3,750 SF
Lot Size0.05 Acres
Price / SF$239.73
Days on Market159

Property Features for 316 E Main Street

General Information

Property type Commercial Sale
Property subtype Retail
Bathrooms 2
Half bathrooms 2
Rooms Bathroom 2, Bathroom 1
Directions From the stoplight at Townsend & Main Street, turn west. Subject property is on the south side of the street.
Standard status Active
Size 3,750 SF
Lot size 0.05 Acres

Additional Details

Currently Operating Yes
Mixed-Use Components retail, residential
Condition Newly Renovated

Building Details

Year built 1919
Buildings 1
Listing Agency: 20 Sleeps West Real Estate
Listed By: Debra Harmon · License CO ER100016695
Added: Jun 9 Changed: Oct 24 Last Checked: Nov 14 at 8:06PM
MLS# 822737

Copyright © 2026 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 3,750-square-foot storefront property dates to 1919 and has been remodeled with exposed brick walls, original wood flooring, and a tin ceiling. The 3,125-square-foot main level includes an open retail layout, two private offices, storage, and front display windows. A 625-square-foot studio apartment occupies the upper level and can support live-work use or conversion to office space.

The property carries B-1 zoning and fronts E Main Street in downtown Montrose. City Hall, the Post Office, Citizen's State Bank, and other businesses are located within one block. The offering includes the real estate only; the business operating in the building is not included.

Key Highlights

  • 3,750 square feet of commercial building area
  • 3,125‑square‑foot main level with open retail layout
  • 625‑square‑foot upper‑level studio apartment

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

D'Medici Footwear and Clothing Clothing Store

Suggested Use

Top Pick Parking Lot & Garage Locksmith Daycare Center (Bike/Boat/Book/etc) Store Furniture & Home Goods Carpet & Flooring Store

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

1,715
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Storefront properties in Montrose, CO

$140 Jul
$280 Aug
$299 Sep
$289 Oct

Properties on Market for Storefront properties in Montrose

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • Safeway Floral — 1329 S Townsend Ave, Montrose, CO 81401
  • Kroger Floral — 128 S Townsend Ave, Montrose, CO 81401
  • Dahlia Floral Design — 115 N Mesa Ave, Montrose, CO 81401
  • Alpine Floral, Inc — 1301 N 2nd St, Montrose, CO 81403

Frequently Asked Questions

What type of property is this?
Storefront property - Historic commercial building combines open retail space, private offices, storage, and an upper-level studio.
Where is this storefront property located?
The property is located at 316 E Main Street Montrose, CO.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 3,750 square feet of commercial building area; 3,125‑square‑foot main level with open retail layout; 625‑square‑foot upper‑level studio apartment
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Why hide this one?