35 North Uncompahgre Avenue, Montrose, CO 81401
Three street-facing and rear-access units, all leased, zoned B-1 for flexible retail or office use.
- Added:
- Jun 19, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 25 at 8:15 pm
Property Features for 35 North Uncompahgre Avenue
General Information
- Standard status
- Active
- Property subtype
- OFC, SCR, MU
Listing office KELLER WILLIAMS SOUTHWEST ASSOC (970) 901-7018
Listing date Jun 19, 2026
Source Realnex
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HighLights
- Three‑unit downtown Montrose commercial portfolio with all units fully leased under long‑term leases
- Two street‑facing buildings at 33 & 35 N. Uncompahgre Ave. plus rear‑access unit at 430 N. 1st St
- Zoned B‑1, offering flexibility for retail, office, or mixed‑use occupancy
- Stated 8.1% cap rate and offered at $949,500
- Within an Opportunity Zone (potential tax advantages per the listing remarks)
Overview
The property is a corner-lot configuration and is zoned B-1, supporting flexibility for retail, office, or mixed-use occupancy. The asset is located in downtown Montrose, Colorado and is also identified as being within an Opportunity Zone.
For buyers seeking an occupied investment, the portfolio is marketed as cash-flowing and is described with a stated 8.1% cap rate and 6.2% cap rate. With all units currently leased, the property offers a straightforward path to acquire a multi-unit downtown asset while maintaining B-1 zoning for potential future use alignment.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Montrose
- County
- Montrose
- State
- Colorado
- Longitude
- -107.8765235
- Latitude
- 38.4806794