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Property profile & analytics
OFF-MARKET
Mixed-use properties

121 Tributary St Montrose, CO 81401

55,624 SF 3.49 ac lot Built 2024
Property ID
Property summary
AI-generated overview

This exceptional mixed-use commercial property, situated at 121 Tributary Street in Montrose, Colorado, presents a compelling investment or end-user opportunity. Boasting a substantial 55,624 square feet of space across two levels, this building sits on a generous 3.49-acre lot within the Colorado Outdoors project, a planned 165-unit development adjacent to the Uncompahgre River. Its strategic location within an Opportunity Zone offers significant tax advantages. Originally conceived for ambulatory care and medical tenants, the building's shell is currently complete, providing a blank canvas for customization to suit diverse needs. This flexibility allows for a wide range of potential uses, making it an ideal investment for those seeking to create a tailored commercial space. The substantial size and prime location within a thriving development make this a rare and unique opportunity in the Montrose market. The property's existing structure offers significant cost savings compared to new construction, while still allowing for complete interior design and build-out to meet specific requirements. This is a chance to acquire a substantial commercial property in a desirable location with considerable upside potential. The property is priced at $9,750,000.

Property profile
Verified
Property type Mixed-use properties
Year built 2024
Total area 55,624 SF
Lot 3.49 ac (152,024 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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