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Property profile & analytics
OFF-MARKET
Office buildings

845 Townsend Ave Montrose, CO 81401-4331

988 SF Built 1955
Individually Owned 1-yr Hold Free & Clear
Property ID
US13-2032672
Property summary
AI-generated overview

This exceptional 988-square-foot commercial property presents a compelling investment opportunity in Montrose, Colorado. Situated on a prominent corner lot (0.08 acres) at the signalized intersection of South Townsend Avenue, this building boasts excellent visibility and high traffic counts. Its B-2 zoning within the City of Montrose allows for flexible use as either retail or office space. The property includes convenient off-street parking, a significant advantage in a high-traffic area. Currently occupied, this building offers immediate income potential, making it an ideal addition to any investment portfolio. Its strategic location directly across from Montrose High School ensures consistent foot traffic and visibility. The building's size and location make it suitable for a variety of businesses seeking a high-profile presence in a thriving community. The asking price of $350,000 reflects the property's prime location, current occupancy, and potential for future growth. This is a rare opportunity to acquire a well-situated commercial property in a desirable Montrose location. Don't miss out on this chance to own a piece of Montrose's vibrant commercial landscape.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1955
Construction WOOD
Total area 988 SF
APN 3767-342-26-005
UPID US13-2032672
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
Current use
Occupant on record · Public records
  • USC Labor Solutions, Inc Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Andria Martin · 1 yrs held
Andria Martin
since 2025
2 recorded transactions
2025
Price N/A
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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