509 Main St Montrose, CO 81401-3931

This stunning 1911 Classic Revival-style building, located at 509, 511, and 513 E Main Street in Montrose, Colorado, presents a unique investment opportunity. Spanning 14,140 square feet on a 0.14-acre lot, this mixed-use property boasts a rich history and exceptional architectural details. The building features beautiful cypress wood finishes throughout the upper floors, a breathtaking oculus skylight in the ballroom, and massive south-facing windows in the gallery offering abundant natural light and Main Street views. Significant upgrades have been completed to create a state-of-the-art commercial kitchen, ready for lease upon completion. The lower level currently houses two units with existing leases for two years remaining. The third floor offers a comfortable three-bedroom, one-bathroom apartment with access to both balconies and the rooftop. This property offers a blend of historical charm and modern functionality, making it ideal for a variety of commercial and residential uses. The asking price is $1,200,000. This is a rare chance to own a piece of Montrose history and capitalize on its prime location and versatile space.