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Upper-Level Retail Space with Kitchen
New
For Lease
$2,500/Mo

511 E Main Street, Montrose, CO 81401

CommercialLease, Montrose, CO

Space SizeContact for details
Days on Market2

Property Features for 511 E Main Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning description B-1
Rooms Basement
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 14,000 SF

Amenities

full kitchen
event space
beautiful natural light

Building Details

Year built 1911
Listing Agency: COLDWELL BANKER COMMERCIAL PRIME PROPERTIES
Listed By: Kelsay Heath
Added: Aug 24 Last Checked: Aug 25 at 9:06PM
MLS# 20264253

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 14,000-square-foot retail space occupies an upper floor within a 1911 commercial building on Main Street. The layout includes a full kitchen and dedicated event space, with natural light contributing to the interior setting. The property is positioned for retail or office use based on its classification.

The space is located at 511 E Main Street in Montrose, Colorado, within the historic Main Street area. It may also be combined with the spaces at 509 E Main Street or 513 E Main Street, providing additional configuration options for an occupant.

Key Highlights

  • 14,000 square feet of upper‑level retail space
  • Full kitchen and event space included
  • Natural light throughout the interior

Property 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
$0.32 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,666
Businesses Nearby

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

Lease Benchmarks for Montrose, CO

$4.98 /SF/Yr
Avg Asking Price
$1.47–$28 /SF/Yr
Price Range
14,667 SF
Avg Space Size

This space is priced 57% below the average of $4.98 /SF/Yr.

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Upper-floor commercial space includes an event area, full kitchen, and strong natural light.
Where is this retail space located?
The property is located at 511 E Main Street Montrose, CO.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: 14,000 square feet of upper‑level retail space; Full kitchen and event space included; Natural light throughout the interior
More about this property
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