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Ground-Floor Storefront with Display Windows
For Lease
$3,500/Mo

509 E Main Street, Montrose, CO 81401

CommercialLease, Montrose, CO

Space SizeContact for details
Days on Market48

Property Features for 509 E Main Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning description B-1
Directions Turn left onto N Park Ave, then take your first right onto E Main St. Your destination will be right there.
Subdivision Montrose City
Standard status Active
Size 14,140 SF

Building Details

Year built 1911
Listing Agency: COLDWELL BANKER COMMERCIAL PRIME PROPERTIES
Listed By: Kelsay Heath
Added: Aug 24 Changed: Oct 8 Last Checked: Oct 10 at 4:06AM
MLS# 20264251

Copyright © 2026 Grand Junction Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 14,140-square-foot retail storefront occupies the ground floor of a building constructed in 1911. The space includes an open sales area, large display windows, a black awning, and direct access from the sidewalk. Interior character comes from hardwood floors, a pressed-tin ceiling, and built-in display counters, with additional finished rooms extending toward the rear.

The property is located at 509 E Main Street in downtown Montrose, along Main Street and near local shops, restaurants, and other downtown businesses. The storefront is scheduled to become available January 31, 2027. Additional connected space is associated with 511 and 513 E Main St.

Key Highlights

  • 14,140 SF ground‑floor retail storefront
  • Large display windows with a black awning
  • Direct sidewalk access from E Main Street

Property Analytics

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Open Analytics

Current Use

Precedence Art Academy Vocational School Megapixel (Bike/Boat/Book/etc) Store MegaPixel - Print - Frame (Bike/Boat/Book/etc) 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.

Lease Details

NNN (Triple Net)
Lease Type
$0.45 /SF/Yr
CAM

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

Market

Lease Benchmarks for Montrose, CO

$12.36 /SF/Yr
Avg Asking Price
$2.15–$29.39 /SF/Yr
Price Range
8,139 SF
Avg Space Size

This space is priced 76% below the average of $12.36 /SF/Yr.

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Similar Off Market Nearby

  • 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 - Open retail space includes hardwood flooring, display counters, and finished rooms at the rear.
Where is this storefront property located?
The property is located at 509 E Main Street Montrose, CO.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: 14,140 SF ground‑floor retail storefront; Large display windows with a black awning; Direct sidewalk access from E Main Street
More about this property
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