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Property profile & analytics
OFF-MARKET
Retail space

1585 Niagara Rd Montrose, CO 81401-5028

1,200 SF 0.16 ac lot Built 1964
Individually Owned 1-yr Hold Free & Clear
Property ID
US13-2065005
Property summary
AI-generated overview

This exceptional Montrose retail opportunity encompasses a 1,200 square foot building situated on a 0.16-acre lot. The property also includes a substantial amount of additional storage space, comprising one 40' x 8' x 9' high-cube shipping container, three 20' x 8' x 8.5' shipping containers, and two 22' x 8' x 9' steel buildings. This versatile configuration offers ample room for inventory, equipment, or expansion. The property is priced at $287,000. A separate business opportunity is available for $285,000, including $235,000 worth of inventory, $21,500 in furniture, fixtures, and equipment (FF&E), and 80 hours of training and support. Purchasing both the business and real estate together is priced at $485,000. Attractive seller financing options are available for qualified buyers. For the real estate purchase, up to $50,000 can be financed at 4% interest, amortized over 10 years with a 5-year balloon payment, secured by a first deed of trust on the property. For the combined business and real estate purchase, up to $150,000 can be financed under the same terms. This presents a unique chance to acquire a well-situated retail space with significant storage capacity and the potential for a thriving business in the desirable Montrose, CO market. The property is located at 1585 Niagara, Montrose, CO.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1964
Construction WOOD
Total area 1,200 SF
Lot 0.16 ac (6,752 SF)
APN 3767-341-22-010
UPID US13-2065005
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
Current use
Occupant on record · Public records
  • The USED SPORTING GOODS Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Robert Lyle Fuller · 1 yrs held
Robert Lyle Fuller
since 2025
Last sale
$272,000
3 recorded transactions
2025
$272,000
2008
Price N/A
2008
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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