346 Main St Montrose, CO 81401-3928
This exceptional 4,232-square-foot restaurant space, completely renovated in 2024, presents a unique opportunity in the heart of historic downtown Montrose. Located in a high-traffic area, this single-tenant property enjoys excellent visibility and convenient access to local shops, the Montrose City Government, Colorado Mesa University's Montrose campus, and the Post Office. The space boasts a brand-new, state-of-the-art industrial kitchen, perfect for any culinary concept. A stylish bar area and two ADA-compliant restrooms add to the functionality and appeal. Beyond the main restaurant area, approximately 3,800 square feet of additional storage space is included, providing ample room for inventory or supplies. The property is zoned B-1, Central Business District, allowing for a variety of uses beyond a restaurant, including retail stores, professional offices, or service establishments. Offered as a NNN lease, this property is ready for immediate occupancy. Don't miss this chance to establish your business in a beautifully updated space within a thriving downtown location. The building was originally constructed in 1896.
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
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Property description
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