35 Hotchkiss Ave Montrose, CO 81403
Property profile & analytics
35 Hotchkiss Ave Montrose, CO 81403
- Commercial real estate
- 3,665 SF
- 0.78 lot acres
Property ID
US13-1734919
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.
Location Intelligence
Current Use by Public Records
- County Line Road House / County Government Office
Property Details for 35 Hotchkiss Ave
- Year built
- 1986
- Lot size
- 0.78 lot acres
- Property size
- 3,665 SF
- Property type
- Commercial real estate
- APN
- 404117301001
- APU
- 404117301001
Description
This exceptional commercial property, located at 35 Hotchkiss Avenue in Colona, Colorado, presents a unique investment opportunity. Situated on a 0.54-acre corner lot at the intersection of Hotchkiss Avenue and Highway 550, this building boasts unparalleled visibility and accessibility. Originally constructed in the 1980s and extensively renovated between 2010 and 2014, the 2,597 square foot structure is designed in the style of an early 20th-century National Park Lodge, creating a captivating atmosphere. The property includes bar equipment, fixtures, and furnishings (with some exclusions). Additional land to the north of the building provides extensive parking and potential for future expansion. The building's design is ideally suited for entertainment venues, with a loft offering a bird's-eye view of the main area and a 12-foot-wide wrap-around porch that significantly increases seating capacity during peak seasons. Highway 550, the property's location, is a major thoroughfare leading to Ridgway, Ouray, and Telluride, attracting significant tourist traffic throughout the year, particularly during music and film festivals and seasonal recreational activities. This prime location offers exceptional exposure and direct highway frontage, making it an ideal investment for a variety of commercial ventures. The asking price is $1,195,000.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $587,000
Market price range: $188k - $674k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $715,000 Current use
- OFFICE BUILDING
- $715,000 Change: +0% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Montrose
- County
- Ouray
- State
- Colorado
- Longitude
- -107.78
- Latitude
- 38.3267
- 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
$8,953
$47,630
$123,730
$171,360
-
$170,700
$443,470
$614,170
