You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Retail space

308 E Main St Montrose, CO 81401

2,817 SF Built 1900
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US13-2072092
Property summary
AI-generated overview

This 2,817 sq ft retail property, situated on a 0.07-acre lot at 308 E Main Street in Montrose, CO, presents a unique investment opportunity. Built in 1900, this B-1 zoned building boasts stunning historic details, including tiled pressed tin ceilings, while offering modern conveniences such as new flooring, fresh paint, and updated lighting circuits. The property's prime downtown location ensures high visibility and foot traffic, with proximity to restaurants, shops, City Hall, the Post Office, and Citizen's State Bank. Recent infrastructure improvements include a new cast iron sewer drain. The property's Opportunity Zone designation offers significant tax advantages. This versatile space is ideal for a variety of uses, including retail, professional offices, restaurants, or boutique businesses. The building's blend of historic charm and modern functionality creates an exceptional opportunity for a discerning buyer seeking a prestigious downtown Montrose address. The asking price is $689,900. This is a rare chance to acquire a piece of Montrose history with immense potential.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,817 SF
APN 3767-284-06-008
UPID US13-2072092
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
  • Holiday Gifts & Home Decor (Bike/Boat/Book/etc) Store
  • Creative Photography Photography Service (Bike/Boat/Book/etc) Store
  • Rhonda's Portraits Wedding Service Photography Service
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
Debbie Blanchard · 3 yrs held
Debbie Blanchard
since 2023
Last sale
$300,000
3 recorded transactions
2023
$300,000
2021
Price N/A
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message