Downtown Commercial Property on
For Sale
Contact for pricing
601 E Main St, Montrose, CO 81401
Prime corner location with high visibility and opportunity zone benefits.
Property Size14,700 SF
Price / SF$112.24
Days on Market755
Property Features for 601 E Main St
General Information
Standard status
Active
Size
14,700 SF
Property subtype
Retail
Zoning
B-1
Investment Type
Owner/User
Building Details
Year Built
1947
Buildings
1
Stories
1
Listing Agency:
Renfrow Realty
(970) 249-5001
Listed By:
John Renfrow · License #ER.040036477
Source:
Crexi
Added: Aug 7, 2024
Changed: Aug 8
Last Checked: Aug 25 at 5:40AM
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 downtown commercial property, formerly Montrose Hardware, offers approximately 14,700 square feet of space on the main level, complemented by a 3,200 square foot basement suitable for storage. The property includes a receiving area with an 8' x 8' roll-up door in the alley for deliveries, and two bathrooms. The building features a large open showroom and picture windows on Main Street, ideal for showcasing items. Situated in the heart of the historic downtown business district, the property is conveniently located within walking distance of Montrose City Offices, CMU Campus, the Post Office, and various local eateries and shopping venues. Its strategic corner positioning at a signalized intersection ensures maximum visibility and accessibility. Zoned B-1 "Central Business District" in the City of Montrose, the property is suitable for a range of businesses, including professional offices or retail establishments. A new roof has been installed. Located within an Opportunity Zone, the property provides potential tax benefits and incentives for investors.
Key Highlights
- Prime corner location on Main Street with high visibility and accessibility at a signalized intersection.
- Located in an Opportunity Zone, offering significant tax benefits.
- Large ~14,700 sq.ft. main level space suitable for various businesses.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,666
Businesses Nearby
95k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Similar Off Market Nearby
- Kroger Floral — 128 S Townsend Ave, Montrose, CO 81401
- Dahlia Floral Design — 115 N Mesa Ave, Montrose, CO 81401
- Alpine Floral, Inc — 1301 N 2nd St, Montrose, CO 81403
Frequently Asked Questions
What type of property is this?
Storefront property - Prime corner location with high visibility and opportunity zone benefits.
Where is this storefront property located?
The property is located at 601 E Main St Montrose, CO.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Prime corner location on Main Street with high visibility and accessibility at a signalized intersection.; Located in an Opportunity Zone, offering significant tax benefits.; Large ~14,700 sq.ft. main level space suitable for various businesses.
