Property summary
This exceptional 1,836 square foot retail property located at 555 Spring Creek Road, Montrose, CO, presents a compelling investment opportunity. Situated on a 0.48-acre lot, the building boasts a contemporary design with a modern, neutral color scheme, updated finishes, and abundant natural light. The interior features a flexible, open layout currently occupied by a long-term tenant who desires to continue their lease, ensuring immediate and consistent rental income for the new owner. The property's strategic location offers excellent accessibility and visibility, making it attractive to both employees and clients. This turnkey operation requires minimal effort from the investor, providing a hassle-free path to a strong return on investment. The asking price is $415,000. The existing tenant's commitment to the lease provides immediate cash flow, minimizing vacancy risk and maximizing the potential for long-term financial growth. This property is an ideal acquisition for investors seeking a stable, income-generating asset in a desirable Montrose location. The adaptable space allows for a variety of commercial uses, providing future flexibility for the property's operation.
Property profile
VerifiedCap rate & NOI
Current use
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Furniture & Home Goods Home Decor Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Alternative use
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