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Property profile & analytics

340 S Townsend Ave Montrose, CO 81401

  • Banks
  • 2,700 SF
  • 0.36 lot acres
Value Estimation
Last Sale
May 11, 2020
Location Intelligence
Property ID
US13-1400623
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.

Current Use by Public Records

  • Haney G Burtis PC / Dentist

Property Details for 340 S Townsend Ave

Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.36 lot acres
Property size
2,700 SF
Property type
Banks
APN
3767-273-68-003
APU
376727368003

Description

This exceptional 2,700 square foot office building presents a unique investment opportunity in the thriving city of Montrose, Colorado. Situated on a 0.36-acre lot with prominent frontage on South Townsend Avenue, this property boasts excellent visibility and high traffic counts, ensuring maximum exposure for your business or investment portfolio. Completely remodeled from the studs in 2015 and fully finished in 2017, the building is in turnkey condition, requiring no immediate capital improvements. The property includes a paved parking lot with 17 spaces, providing ample parking for employees and clients. The B2 Highway Commercial zoning allows for a variety of uses, making this a versatile and attractive option for a wide range of businesses. Located in a growing area of Montrose, this property offers significant potential for appreciation and strong rental income. The building's modern design and convenient location combine to create an exceptional opportunity for those seeking a high-quality commercial space in a desirable market. Its recent renovations ensure modern amenities and efficient operation, minimizing ongoing maintenance costs. The ample parking further enhances the property's appeal, addressing a common concern for commercial properties. This is a rare chance to acquire a well-maintained, high-visibility office building in a prime Montrose location. Don't miss this chance to own a piece of Montrose's thriving commercial landscape. The asking price is $1,050,000.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Montrose
County
Montrose
State
Colorado
Longitude
-107.875
Latitude
38.4757
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
$12,504
$13,530
$142,010
$155,540
-
$198,950
$489,700
$688,650
More about this property
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