845 Townsend Ave Montrose, CO 81401-4331
- Office buildings
- 988 SF
Jan 27, 2025
Current Use by Public Records
- USC Labor Solutions, Inc / Employment Agency
Property Details for 845 Townsend Ave
- Year built
- 1955
- Construction
- WOOD
- Property size
- 988 SF
- Property type
- Office buildings
- APN
- 3767-342-26-005
- APU
- 376734226005
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Montrose
- County
- Montrose
- State
- Colorado
- Longitude
- -107.87
- Latitude
- 38.4722
- CBSA code
- 33940
- CBSA name
- MONTROSE, CO MICROPOLITAN STATISTICAL AREA
