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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

447 Main St Montrose, CO 81401

1,587 SF Built 1895
Property ID
Property summary
AI-generated overview

This exceptional Main Street corner building offers approximately 1,675 square feet of adaptable space, perfect for a variety of commercial ventures. Located in Montrose's historic downtown business district, this property boasts unparalleled visibility and accessibility from its strategic corner location. The large primary space is easily customizable for professional offices, retail outlets, or showrooms. Zoned B-1 "Central Business District," it allows for retail stores, professional offices, and service establishments. The building features one common restroom. This is an adjusted gross lease; tenants are responsible for all utilities, interior and exterior maintenance (including landscaping and snow removal), and liability insurance. The building was constructed in 1895 and has a total of 1,587 square feet across three suites, with all currently vacant. The property's Assessed Parcel Number (APN) is 3767-284-03-012. This is a unique opportunity to establish a business in a highly visible and desirable downtown location. Additional office space is available in the rear of the building.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1895
Total area 1,587 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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