Historic Mixed-Use
For Sale
$999,990
509 511 513 E Main Street, Montrose, CO 81401
Classical Revival building with event space, commercial kitchen, retail storefronts, and a private apartment.
Property Size14,140 SF
Price / SF$70.72
Days on Market45
Property Features for 509 511 513 E Main Street
General Information
Standard status
Active
Size
14,140 SF
Property subtype
Commercial
Amenities
commercial kitchen
oculus skylight
grand ballroom
gallery windows
balconies
rooftop
apartment
Building Details
Year Built
1911
Buildings
1
Construction
Classical Revival
Listing Agency:
Norris-Phillips Real Estate, LLC
Listed By:
Halley Combs · License #12307
Source:
Destinationdro
Added: Jul 16
Changed: Aug 28
Last Checked: Aug 28 at 9:17PM
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 Norris-Phillips Real Estate, LLC
Investment Insights
Based on property information with market context.
Completed in 1911, this 14,140-square-foot mixed-use property occupies 509, 511, and 513 E Main Street in Montrose. The Classical Revival building includes a grand ballroom with an oculus skylight, south-facing gallery windows overlooking Main Street, and upper-level old-growth cypress woodwork. A commercial kitchen supports hospitality and event operations, while the street level contains two retail storefronts.
The third floor includes a private three-bedroom, one-bath apartment with access to both balconies and the rooftop. The building’s combination of event-oriented space, retail frontage, residential accommodation, and historic architectural features creates a distinctive commercial property configuration.
The third floor includes a private three-bedroom, one-bath apartment with access to both balconies and the rooftop. The building’s combination of event-oriented space, retail frontage, residential accommodation, and historic architectural features creates a distinctive commercial property configuration.
Key Highlights
- 14,140‑square‑foot mixed‑use building completed in 1911
- Classical Revival architecture with old‑growth cypress woodwork
- Grand ballroom features an oculus skylight and south‑facing gallery windows
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,666
Businesses Nearby
95k
Monthly Visits Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Classical Revival building with event space, commercial kitchen, retail storefronts, and a private apartment.
Where is this mixed-use property located?
The property is located at 509 511 513 E Main Street Montrose, CO.
What is the asking price?
The asking price for this property is $999,990.
What are key features of this property?
This property features: 14,140‑square‑foot mixed‑use building completed in 1911; Classical Revival architecture with old‑growth cypress woodwork; Grand ballroom features an oculus skylight and south‑facing gallery windows
