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Historic Building on Main Street
For Sale
$889,000

38 W Main St, Montrose, CO 81401

Charming historic building suitable for retail, office, or studio.

Property Size7,416 SF
Price / SF$119.88
Days on Market147

Property Features for 38 W Main St

General Information

Standard status Active
Size 7,416 SF

Building Details

Year Built 1928
Listing Agency: Shaffer Real Estate Company
Listed By: Burton Bullington · License #FA40038693
Source: Theinkteam
Added: May 25 Changed: Oct 10 Last Checked: Oct 7 at 3:26PM

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 Shaffer Real Estate Company

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Investment Insights

Based on property information with market context.

This historic building is located on a high-visibility main street, minutes from downtown. The property includes on-site parking and street exposure. Zoned B-3 for flexible commercial use, the property is suitable for a range of business uses, including retail, office space, studio, gallery, or service-based operations. The building offers potential for both owner-users and investors. The property size is 7,416 square feet.

Key Highlights

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Property Analytics

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Current Use

Producers Co-Op Big Box & Wholesale Store

Suggested Use

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

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

1,375
Businesses Nearby
74k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 41% Dining 38% Shops & Services 11% Home Improvements & Furnishings 9%
City Market Groceries
30,253 visits/mo 0.2 miles
Burger King Dining
9,661 visits/mo 0.4 miles
Jimmy John's Dining
7,343 visits/mo 0.4 miles
Abel's Ace Hardware Home Improvements & Furnishings
5,961 visits/mo 0.2 miles
SUBWAY Dining
5,405 visits/mo 0.4 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Similar Off Market Nearby

  • Kroger Floral — 128 S Townsend Ave, Montrose, CO 81401
  • Dahlia Floral Design — 115 N Mesa Ave, Montrose, CO 81401

Frequently Asked Questions

What type of property is this?
Storefront property - Charming historic building suitable for retail, office, or studio.
Where is this storefront property located?
The property is located at 38 W Main St Montrose, CO.
What is the asking price?
The asking price for this property is $889,000.
What are key features of this property?
This property features: The provided key selling points are missing. Please provide the selling points so I can create the property listing highlights.
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