Montrose Theater with Opportunity
For Sale
$1,375,000
27 S Cascade Ave, Montrose, CO 81401
Long-standing theater in Montrose, Colorado with business potential.
Property Size18,325 SF
Lot Size0.22 Acres
Price / SF$75.03
Days on Market652
Property Features for 27 S Cascade Ave
General Information
Standard status
Active
Size
18,325 SF
Lot size
0.22 Acres
Listing Agency:
Renfrow Realty
(970) 275-4004
Listed By:
John Renfrow · License #ER.040036477
(970) 275-4004
Source:
Exprealty
Added: Oct 25, 2024
Changed: Jul 6
Last Checked: Jul 31 at 7:32PM
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 Renfrow Realty
Investment Insights
Based on property information with market context.
This theater, a fixture in the Montrose community for almost 100 years, is available for sale. The approximately 18,325 square foot building offers an opportunity for transformation or continuation of its cinematic tradition. The property currently features 3 screening rooms with 84, 168, and 245 seats respectively, along with 3 sets of men’s and women’s restrooms, and a snack bar/retail area. Located in the city of Montrose, the property is zoned B-1 “Central Business” and has an Opportunity Zone designation, potentially offering investors tax benefits through deferred capital gains taxes. The trade fixtures and business are negotiable.
Key Highlights
- ~18,325 sq ft building in the Montrose community.
- Opportunity Zone designation offering substantial tax breaks.
- Zoned B‑1 "Central Business" offering versatile usage.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,676
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Theater & concert hall - Long-standing theater in Montrose, Colorado with business potential.
Where is this theater & concert hall located?
The property is located at 27 S Cascade Ave Montrose, CO.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: ~18,325 sq ft building in the Montrose community.; Opportunity Zone designation offering substantial tax breaks.; Zoned B‑1 "Central Business" offering versatile usage.
