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    202 Main St Montrose, CO 81401

    Sponsored
    For Lease
    $9 SF/Yr

    Historic Downtown Montrose, Creative Office Space

    Lot size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,000-square-foot creative office space is ideally located on East Main Street in Montrose's historic downtown. Boasting high visibility from a prime corner location, this single-tenant property offers a spacious open retail area with large picture windows overlooking Main Street, perfect for showcasing products or services. The interior features three bathrooms, a dedicated office space, and recently updated carpeting and paint, creating a modern and inviting atmosphere. Convenient access for deliveries is provided by a 6'W x 7'H receiving door located in the alley. Ample parking is available with 21+ spaces in a private off-street lot. Zoned B-1, this property is suitable for retail stores, business and professional offices, and service establishments. Its location, just one block east of the intersection of Main and Townsend Avenues, places it within easy reach of City Hall, the Montrose Regional Library, the USPS, and the CMU Extension campus. This vibrant area is surrounded by unique shops, antique stores, and local restaurants, offering a thriving commercial environment. The building was constructed in 1980 and is a single-story structure.

    Property Features for 202 Main St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,000 SF

    Building Details

    Year Built
    1980
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    6,000 SF
    Rate per SF
    $9

    HighLights

    • High‑visibility Main Street location in Montrose, Colorado.
    • 6,000 square foot single‑tenant retail/office space.
    • Features include a spacious open retail area with Main Street frontage, three bathrooms, and a separate office.
    • Recent updates include new carpet and paint.
    • Includes a 6'W x 7'H receiving door and ample off‑street parking (21+ spaces).
    • B‑1 zoning allows for retail, business, professional offices, and service establishments.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rocky Mountain Paint ... Paint Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Montrose
    County
    Montrose
    State
    Colorado
    Longitude
    -107.87872199545
    Latitude
    38.478001839778

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    FAQs

    What type of property is this?
    Office space - Historic Downtown Montrose, Creative Office Space
    Where is this office space located?
    The property is located at 202 Main St Montrose, CO.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: High-visibility Main Street location in Montrose, Colorado.; 6,000 square foot single-tenant retail/office space.; Features include a spacious open retail area with Main Street frontage, three bathrooms, and a separate office.
    Request Owner's contact information
    202 Main St Montrose, CO 81401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    202 Main St Montrose, CO 81401
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