337 Main St Montrose, CO 81401

Property Details for 337 Main St

Year built

1889

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.14 lot acres

Property size

10,125 SF

Property type

Retail space

APN

3767-284-07-015

APU

376728407015

Description

This exceptional 10,125 square foot retail property, located at 337 E MAIN Street in the heart of Montrose, CO, presents a unique investment opportunity. Situated in a prime central downtown location, this historic building offers significant potential for a variety of uses. The existing space includes two ADA-compliant restrooms, a freight elevator, and a modern passenger elevator, providing excellent accessibility and functionality. The property's current configuration is ideal for continued retail operations, allowing for immediate income generation and potential lease revenue. However, the versatile layout also lends itself to creative redevelopment. Imagine transforming this space into professional offices, residential apartments, live-work studios, or a dynamic mix of uses. The central location offers unparalleled access to Montrose's vibrant downtown area, with its diverse restaurants and shopping options. This property further benefits from an attractive tax advantage due to its Opportunity Zone designation, making it an even more compelling investment. The building's size and location make it an ideal candidate for a variety of commercial ventures, offering a strong return on investment for the discerning buyer. This is a rare chance to acquire a significant piece of Montrose's downtown landscape with substantial upside potential. Don't miss this opportunity to own a piece of Montrose's thriving commercial core.

Location Insight

City

Montrose

County

Montrose

State

Colorado

Longitude

-107.877

Latitude

38.4795

CBSA code

33940

CBSA name

MONTROSE, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments