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Mixed-Use Space with Event Area
For Lease
$2,500/Mo

511 E Main St, Montrose, CO 81401

An upper-level suite with a full kitchen and natural light can be combined with other space on Main Street.

Space SizeContact for details
Days on Market28

Property Features for 511 E Main St

General Information

Standard status Active

Space & Availability

Floor Upstairs
Space Use Retail/Office

Amenities

full kitchen
event space
natural light
Listing Agency: Coldwell Banker Commercial Prime Properties LLC
Listed By: Michael Foster · License #IA40011873
Source: Exprealty
Added: Sep 17 Changed: Oct 10 Last Checked: Oct 13 at 12:45AM

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 Coldwell Banker Commercial Prime Properties LLC

Investment Insights

Based on property information with market context.

This 1,500-square-foot upper-level mixed-use space in Montrose includes a full kitchen, an event area and natural light. The layout supports retail or office use, as well as event functions.

The property is at 511 E Main St in downtown Montrose. The space may be combined with 509 or 513 E Main St. Additional upstairs event space of 3,000 square feet may also be rented through the current tenant operating the Temple.

Key Highlights

  • 1,500 square feet of upper‑level space
  • Includes a full kitchen and event area
  • Natural light

Property Analytics

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Open Analytics

Current Use

The Lark & Sparrow Music Venue Layered Restaurant Upstairs at Precedence Productions Hotel & Motel The Temple Events Hotel & Motel

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,666
Businesses Nearby
95k
Monthly Visits Nearby

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

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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Frequently Asked Questions

What type of property is this?
Mixed-use property - An upper-level suite with a full kitchen and natural light can be combined with other space on Main Street.
Where is this mixed-use property located?
The property is located at 511 E Main St Montrose, CO.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: 1,500 square feet of upper‑level space; Includes a full kitchen and event area; Natural light
More about this property
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