340 Townsend Ave Montrose, CO 81401-4253
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.
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Haney G Burtis PC Dental Office
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.