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Historic Mixed-Use Property
For Sale
$999,990

513 East Main Street, Montrose, CO 81401

Includes event space, a commercial kitchen, two storefronts, and a private apartment.

Property Size14,140 SF
Price / SF$70.72
Days on Market51

Property Features for 513 East Main Street

General Information

Standard status Active
Size 14,140 SF
Property subtype Commercial / Multi-Use

Taxes and HOA fees

Annual Taxes $16,605

Amenities

commercial kitchen
old-growth cypress woodwork
oculus skylight
grand ballroom
gallery windows
retail storefronts
private apartment
balconies
rooftop access
5, 0, 0, 6.00
Furnished

Building Details

Year Built 1911
Buildings 1
Construction Classical Revival
Tenancy Multi
Listing Agency: Norris-Phillips Real Estate, LLC
Listed By: Halley Combs · License #FA100089406
Source: Compass
Added: Jul 11 Changed: Aug 29 Last Checked: Aug 29 at 11:15PM

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 Masonic Temple combines Classical Revival architecture with multiple commercial components. Interior features include old-growth cypress woodwork, a grand ballroom with an oculus skylight, south-facing gallery windows, and a commercial kitchen. The property is furnished and accommodates event-oriented operations alongside retail use.

Street-level improvements include two retail storefronts fronting East Main Street in Montrose. The third floor contains a private three-bedroom, one-bath apartment with access to both balconies and the rooftop. The building’s combination of event space, storefronts, hospitality infrastructure, and residential quarters creates a distinct mixed-use configuration at 513 East Main Street.

Key Highlights

  • 14,140‑square‑foot Masonic Temple completed in 1911
  • Classical Revival architecture with old‑growth cypress woodwork
  • Grand ballroom featuring an oculus skylight

Property Analytics

Current Use

Precedence Music Academy (Bike/Boat/Book/etc) Store Art by Naomi Artist

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

Multi-tenant
Tenancy

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

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 - Includes event space, a commercial kitchen, two storefronts, and a private apartment.
Where is this mixed-use property located?
The property is located at 513 East 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 Masonic Temple completed in 1911; Classical Revival architecture with old‑growth cypress woodwork; Grand ballroom featuring an oculus skylight
More about this property
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