1585 Niagara Rd Montrose, CO 81401-5028

Property Details for 1585 Niagara Rd

Year built

1964

Construction

WOOD

Lot size

0.16 lot acres

Property size

1,200 SF

Property type

Retail space

APN

3767-341-22-010

APU

376734122010

Description

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.

Location Insight

City

Montrose

County

Montrose

State

Colorado

Longitude

-107.865

Latitude

38.4675

CBSA code

33940

CBSA name

MONTROSE, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments