John and Jim Renfrow, Brokers, Montrose Colorado
Courtesy: Renfrow Realty

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  • Price:

    • $449,888

  • Listing #:
    • 764357
  • Class:
    • Commercial
  • Type:
    • Retail
  • Status:
    • Active
  • # of Units:
    • 3
  • Apx. Acres:
    • 0.14
  • Apx. Sqft.:
    • 11708
  • Year Built:
    • 1908
  • Address:
    • 428 & 432 E Main
  • City:
  • County:
    • Montrose
  • Area:
    • Montrose City
  • State:
    • CO
  • Zip:
    • 81401

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Description

Two 2,200 sq.ft. historic downtown retail spaces with 5,880 sq.ft. upper story office/apartment potential. Currently leased street-level retail units with back common area of two ADA restrooms, storage and double delivery door from alley. Second story has beautiful hardwood staircase from Main Street and newly constructed rear staircase to alley. Open canvas to build-out expansive upper space to professional offices, apartments, live-work studios or a combination. Adjacent to Wells Fargo Bank and central to downtown's restaurants and shopping. Assessor does not currently recognize second story in its heated square footage, but building's total square footage is 11,708. Incredible tax break with Opportunity Zone designation!
  • Building Details
    • # Floors:
      • - 2
    • Foundation:
      • - Brick
    • Flooring:
      • - Tile
      • - Wood
    • Total Baths:
      • - 2.00
    • 1/2 Baths:
      • - 2
    • Fixtures Included:
      • - No
  • Square Footage
    • List Price/Sqft:
      • - $38.43
    • Finished SF:
      • - 11,708.00
    • Main Sq Ft:
      • - 5828
    • Upper Sq Ft:
      • - 5880
  • Property Details
    • Lotsizedim:
      • - 125 X 50
    • Lot Size/acerage:
      • - Less Than 1 / 2
    • Current Property Use:
      • - Retail Storefront
      • - Showroom
    • Possible Property Use:
      • - Lodging
      • - Professional / Medical
    • Parking:
      • - 2-10 Total Spaces
      • - Common
      • - On Street
    • Railroad Siding:
      • - No
    • Water Rights/irrig.:
      • - No
    • Zoning:
      • - Business
      • - Commercial
      • - Office
    • Zoning:
      • - B-1
  • Income and Expenses
    • Lease Included:
      • - Yes
    • Landlord Pays:
      • - Building Insurance
      • - Real Estate Taxes
    • Tenant Pays:
      • - Electric
      • - Gas
      • - Sewer / Water
      • - Trash
  • HOA Details
    • Owners Association(oa):
      • - No
  • Utilities
    • Available Utilities:
      • - Cable
      • - Electric
      • - Fiber Optics
      • - Natural Gas
      • - Sanitary Sewer
      • - Water
    • Exsting Utilities:
      • - Electric
      • - Sanitary Sewer
      • - Water
    • Domestic Water:
      • - Public
    • Water Well:
      • - No
    • Sewer:
      • - Public Sewer Installed
    • Heating Fuel/source:
      • - Natural Gas
    • Heating System:
      • - Floor Furnace
  • Miscellaneous
    • Inventory Included:
      • - No
    • Total Taxes $:
      • - $7,921.52
    • Tax Year:
      • - 2019
    • Special Assemnt Y/n:
      • - No
    • Real Estate For Sale:
      • - Yes
    • Available For Auction:
      • - No
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For more information on this listing, please contact...