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Downtown Corner Storefront
For Sale
$930,000

500 E Main St, Montrose, CO 81401

Updated commercial space with flexible separation areas, on-site parking, and additional city parking with electric vehicle charging nearby.

Property Size4,325 SF
Price / SF$215.03
Days on Market14

Property Features for 500 E Main St

General Information

Standard status Active
Size 4,325 SF

Additional Details

Opportunity Zone Yes
Corner Location Yes

Building Details

Year Built 1936
Listing Agency: CENTURY 21 Elevated Real Estate
Listed By: Michelle Klippert
Source: Theinkteam
Added: Aug 16 Changed: Aug 29 Last Checked: Aug 29 at 11:24AM

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 CENTURY 21 Elevated Real Estate

Investment Insights

Based on property information with market context.

Built in 1936, this 4,325-square-foot storefront property occupies a corner position at 500 E Main St in downtown Montrose. The building has received improvements over the past 13 years, including flooring, drywall, and lighting upgrades, along with a newer metal fascia replacing the former cedar shake exterior. Four quad areas provide a flexible interior arrangement for separating business operations.

Parking extends along the building from Main Street to the length of the Uncompahgre frontage, with additional city parking behind the property that includes an electric vehicle charging area. The Farmers Market operates next to the building, contributing an established nearby pedestrian activity point. The property is identified within an Opportunity Zone and offers a downtown storefront setting at Main Street and Uncompahgre.

Key Highlights

  • 4,325‑square‑foot storefront property built in 1936
  • Corner location at 500 E Main St and Uncompahgre
  • Four quad areas support separate business configurations

Property Analytics

Current Use

Leslie Gore - The Real ... Real Estate Agency Michelle Keltz, The Real ... Real Estate Agency Diane Haynes, The Real ... Real Estate Agency Holly Hensley, The Real ... Real Estate Agency Christine Kersen Realtor Real Estate Agency

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

1,666
Businesses Nearby
95k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 52% Groceries 32% Shops & Services 9% Home Improvements & Furnishings 7%
City Market Groceries
30,253 visits/mo 0.3 miles
McDonald's Dining
18,751 visits/mo 0.4 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 0.3 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

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
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Updated commercial space with flexible separation areas, on-site parking, and additional city parking with electric vehicle charging nearby.
Where is this storefront property located?
The property is located at 500 E Main St Montrose, CO.
What is the asking price?
The asking price for this property is $930,000.
What are key features of this property?
This property features: 4,325‑square‑foot storefront property built in 1936; Corner location at 500 E Main St and Uncompahgre; Four quad areas support separate business configurations
More about this property
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