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Property profile & analytics
OFF-MARKET
Commercial real estate

715 Townsend Ave Montrose, CO 81401

1,619 SF 0.11 ac lot Built 1948
Property ID
US13-1326504
Property summary
AI-generated overview

This unique 1,619 square foot mixed-use property, built in 1948, presents a compelling investment opportunity in Montrose, Colorado. Located at 715 S Townsend Ave, this single-story building sits on a 0.11-acre lot and boasts a prime location with high visibility on Townsend Avenue, ensuring significant foot traffic. Previously operating as a cafe and residence, the property offers versatile space adaptable to various uses, including small offices or a live-work arrangement. The building features two ADA-compliant bathrooms and one full bath, along with ramp accessibility for convenient entry. Six parking spaces are available, combining on-street and off-street options. The property's commercial zoning allows for a range of business ventures, and its proximity to the high school further enhances its potential. The asking price is $320,000, translating to $197.65 per square foot. This property offers the convenience of combining living and working spaces in a high-traffic area, making it an ideal investment for an owner-user.

Property profile
Verified
Property type Commercial real estate
Year built 1948
Total area 1,619 SF
Lot 0.11 ac (4,792 SF)
UPID US13-1326504
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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