308 E Main Street, Montrose, CO 81401
Montrose County
Key Facts
Description
Prime Downtown Montrose Commercial Property – Opportunity Awaits! *REAL ESTATE ONLY, Business is not included in the purchase. Step into a piece of history with modern comforts in this PRIME commercial building located in the heart of downtown Montrose, CO. Positioned right on Main Street, this 1900-era gem is bursting with charm and potential, perfect for a variety of uses including retail, professional offices, a trendy restaurant, or even a boutique law firm. Why This Property Stands Out: Location, Location, Location! Centrally located in the vibrant downtown corridor, your business will benefit from high foot traffic and visibility. Steps from restaurants, retail shops, City Hall, the Post Office, and Citizen's State Bank, this address is as convenient as it is prestigious. Historic Charm: The building boasts timeless details like tiled pressed tin ceilings, exuding character and charm that make an unforgettable impression. Modern Updates: With new flooring, freshly painted walls, and enhanced lighting circuits, this space seamlessly blends old-world charm with modern functionality. Even the cast iron sewer drain has been replaced, ensuring the infrastructure is as solid as the aesthetics. Zoning Flexibility: Zoned B-1, this property accommodates a wide range of possibilities – whether you're envisioning a retail boutique, a professional office, a trendy café, or something entirely unique. Opportunity Zone Designation: Take advantage of incredible tax benefits with this property's Opportunity Zone status, making it not only a smart business ENDLESS POTENTIAL! This updated space offers the perfect foundation for your vision. Whether you're an entrepreneur launching your dream business, a law firm seeking a prestigious downtown address, or a creative team looking for an inspiring workspace, this building is ready for you! Don't miss the chance to own a piece of Montrose history with unbeatable amenities and location. Opportunities like this don’t come along often. Contact us to explore this extraordinary property and see how it can elevate your business to the next level. Your future success begins here!
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
1900
Living Area
2,817 sq ft
Lot Size
0.07 acres
MLS® Listing#
820265
Property Features
Heating
Flooring
Basement
Parking
Roof
Utilities
Water Source
Financial Details
Annual Taxes
$5,156
Tax year 2024
Parcel Number
376728406008
Directions
From the stoplight at Townsend & Main Street, turn west. Subject property is on the south side of the street.
Affordability Calculator
$115,000
Estimated monthly payment
$3,060/mo
Principal $460,000 · Est. interest $641,741 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Montrose, CO
- $562,037
- Median Listing Price
- 72
- Median Days on Market
- 1,850
- Median Sq Ft
- $298
- Median Price / Sq Ft
- 363
- Active Listings
- This home’s price is 2% above the area median.
- Its price per sq ft is 32% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Montrose, CO.
Location
Points of Interest in Montrose, CO
Showing the Montrose area map.
Nearby Schools
Northside Elementary
Elementary · 0.4 mi away
Montrose High School
Secondary · 0.4 mi away
Peak Virtual Academy
School · 0.4 mi away
Schools-Public Vocational Programs
School · 0.7 mi away
Outer Range
School · 0.7 mi away
Montrose County School District Re-1j
School · 0.7 mi away
Passage Charter School
School · 0.7 mi away
Pomona Elementary School
Elementary · 0.7 mi away
Vista Charter High School
Secondary · 0.7 mi away
Centennial Middle School
Secondary · 0.8 mi away
Columbine Middle School
Secondary · 0.9 mi away
Vista Charter School
Secondary · 1.1 mi away
Colorado West Christian School
School · 1.7 mi away
Pope John Paul II Academy
School · 2.2 mi away
Johnson Elementary School
Elementary · 2.4 mi away
Cottonwood Elementary School
Elementary · 2.6 mi away
Oak Grove Elementary School
Elementary · 3.1 mi away
Olathe High School
Secondary · 10.3 mi away
Olathe Elementary School
Elementary · 10.8 mi away
Delta High School
Secondary · 19.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 133 Castle Avenue, Montrose, CO | $405,000 | 3 | 2 | 1,493 |
| 6101 County Road 1 Road, Montrose, CO | $410,000 | — | — | — |
| 67277 Las Vegas Dr, Montrose, CO | $413,000 | 3 | 2 | 1,884 |
| 67277 Las Vegas Drive, Montrose, CO | $413,000 | 3 | 2 | 1,884 |
| 1444 Weminuche Avenue, Montrose, CO | $414,900 | 3 | 2 | 1,316 |
| 16252 Shavano Valley Road, Montrose, CO | $415,000 | 2 | 1 | 1,163 |
Moving Cost Estimate
EXIT Agents in Montrose
Listing Courtesy: 20 Sleeps West Real Estate
FULL CREN Disclaimer
Real Estate listings held by companies other than 20 Sleeps West Real Estate contain that company's name.
Fair Housing Disclaimer
Date Last Updated
.
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PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.