27 Cascade Ave Montrose, CO 81401
Property profile & analytics
27 Cascade Ave Montrose, CO 81401
- Retail space
- 2,760 SF
- 0.06 lot acres
Property ID
US13-2092968
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Kilbanes Cleaners and Tuxedo / (Bike/Boat/Book/etc) Store
- Fox Cinema Center / Cinema / Theater & Performing Art Venue
- Second Sunday Cinema / Cinema / Theater & Performing Art Venue
Property Details for 27 Cascade Ave
- Year built
- 1900
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.06 lot acres
- Property size
- 2,760 SF
- Property type
- Retail space
- APN
- 3767-284-07-003
- APU
- 376728407003
Description
This exceptional 18,325 square foot building located at 27 S CASCADE Avenue, Montrose, CO presents a rare investment opportunity. A beloved community landmark for nearly a century, this former theater offers immense potential for adaptive reuse or continued operation as a cinematic venue. The property boasts three screening rooms with seating capacities of 84, 168, and 245, respectively, along with three sets of men's and women's restrooms, and a fully equipped snack bar/retail area. Situated on a 0.22-acre lot, the building is zoned B-1 Central Business, providing flexibility for a variety of commercial uses. A significant advantage is its designation as an Opportunity Zone, offering substantial tax benefits to qualified investors through deferred capital gains taxes. The asking price of $1,700,000 is for the real estate
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
-
CAP approach
-
Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Montrose
- County
- Montrose
- State
- Colorado
- Longitude
- -107.878
- Latitude
- 38.4798
- CBSA code
- 33940
- CBSA name
- MONTROSE, CO MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,694
$8,360
$41,500
$49,860
-
$28,820
$143,090
$171,910
