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

511 E Main Street, Montrose, CO 81401

CommercialLease, Montrose, CO

Space SizeContact for details
Days on Market48

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
natural light

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# 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 mixed-use property occupies an upper level at 511 E Main Street and includes a full kitchen, event space, and natural light. The building dates to 1911 and also includes a basement.

The property is located on Main Street in Montrose, Colorado. Space may be combined with 509 or 513 E Main Street, providing additional configuration options. An additional 3,000 square feet of upstairs event space may also be rented through the current tenant operating the Temple.

Key Highlights

  • 14,000 square feet of mixed‑use space at 511 E Main Street
  • Upper‑level layout with a full kitchen and event space
  • Natural light throughout the commercial space

Property Analytics

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

Market

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Upper-level commercial space includes a full kitchen, event area, and abundant natural light.
Where is this mixed-use property 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 mixed‑use space at 511 E Main Street; Upper‑level layout with a full kitchen and event space; Natural light throughout the commercial space
More about this property
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