745 E Main St - Storefront Retail/Residential FOR SALE


Montrose, CO 81401
$378,888 USD
970-275-4004
745 E Main St, Montrose, CO for Sale
$378,888 USD
Storefront Retail/Residential - FOR SALE
1/36
null | Request Cap Rate

745 E Main St
Montrose, CO 81401


OVERVIEW

PRIME E. MAIN ST CORNER LOCATION! Charming Historic 4-Bedroom Home with Considerable Mixed-Use Potential! Discover this downtown ~2,343 sq.ft. historic iconic commercial & residential property, built in 1915, located on a prime corner lot in the heart of Montrose, this home offers ample space and potential. This versatile property boasts updated plumbing and electrical systems as of 2008, ensuring modern functionality while retaining its timeless appeal. With 3 bedrooms and 2.5 bathrooms, leaded glass windows, claw foot bathtubs, sunroom, inviting front porch, and an abundance of windows for natural lighting. Previously utilized as a deli, coffee shop, and commercial kitchen, this property is perfectly situated close to downtown and is zoned B-2, making it ideal for various business ventures including restaurants, multi-family dwellings, retail establishments, and live-work option. The Opportunity Zone designation offers attractive tax break incentives, adding to the property's allure. Don't miss the chance to explore the potential of this unique property. Embrace the opportunity to own a piece of Montrose history with endless possibilities.

FOR SALE DETAILS

PRICE

$378,888 USD

PRICE/SF

$162 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Freestanding, Restaurant, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

B-2

APN/PARCEL ID

R0002164

ASK ABOUT THIS PROPERTY

John RenfrowRenfrow RealtyMore Info
970-275-4004

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John RenfrowRenfrow RealtyMore Info
970-275-4004

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.