Property profile

1585 Niagara Rd Montrose, CO 81401

OFF-MARKET
Retail space
Property ID
US13-2065005
1,200 SF 0.16 ac lot Built 1964
Individually Owned 1-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

1585 Niagara Rd Montrose, CO 81401-5028
Montrose metro Census 966402 MONTROSE, CO MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2025
Last sale
$272,000
3 recorded transactions
2025
$272,000
2008
Price N/A
2008
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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