17656 Us-550 Montrose, CO 81403
This 1,050 square foot retail space, located at 17656 Hwy 550 - Unit E, presents a fantastic opportunity for a business seeking high visibility and accessibility. Built in 1915, this single-story building boasts a unique, open floor plan ideal for a variety of retail uses. The property includes yard space perfect for displaying goods. Currently undergoing improvements including new windows and exterior paint, this property is situated in a prime location along Hwy 550, a major thoroughfare with over 14,000 vehicles passing daily. Its proximity to Montrose's main commercial area on S Townsend Ave and the historic downtown (just 4 miles away) ensures convenient access to amenities and a strong customer base. The property is zoned B - General Business in Montrose County, allowing for diverse uses such as offices, retail, art galleries, and antique shops. Ample parking is available. Lease terms are adjusted gross; tenant responsibilities include liability insurance, electricity, propane, interior maintenance, snow removal in front of the unit, and CAM fees. Landlord covers property taxes and building insurance. This is a turn-key opportunity to establish your business in a vibrant and highly visible location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.