25 Cascade Ave Montrose, CO 81401-3920
This charming 1,725 square foot retail building is located in desirable Downtown Montrose, just one block from Main Street. The property boasts an inviting exterior with an updated faГ§ade and offers a spacious, open interior perfect for a variety of commercial uses. High ceilings create an airy atmosphere in the main area, complemented by a private office for confidential meetings. Additional features include ample storage space, both on the main level and in a 300 square foot upstairs area, and a convenient half bath. Rear parking provides easy access for customers and employees. This well-maintained building presents a fantastic investment opportunity for both seasoned and first-time commercial property investors. The property's central location and versatile layout offer significant potential for income generation. Note that the adjacent property at 27 North Cascade Avenue is also available for purchase, presenting the possibility of acquiring both properties for expanded opportunities. All information is deemed reliable but should be independently verified.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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