Kelly Maves - Coldwell Banker Distinctive Properties
2303 & 2305 S Townsend Avenue
Montrose, CO 81401

$1,600,000

Description

Excellent South Townsend Location! Two commercial strip buildings totaling 22,366 sq.ft. (MOL) of retail spacecurrently more than 90% leased out. Three separately deeded parcels totaling 3.03 acres. 2303 S Townsend Ave 14,068 sq.ft. building with four separate units. Units include retail/office space, a service bay with two overhead doors and a former restaurant. New roof and heated sidewalk. 2305 S Townsend Ave 8,298 sq.ft. building with five separate units. Units include three retail/office spaces, a salon and a restaurant. Tract A Contains a loading dock. Buildings are ADA compliant and so is parking lot. Parcels are Zoned B-2 in the City of Montrose. Excellent visibility on South Townsend Ave/Hwy 550. Ample on-site parking. Perfect for an investor!

Details

MLS#693094
Sub-TypeResale
StatusActive
Year2000
Days On Site751

Features

SQ Feet22,366
Story(s)1
Units9
ZoningB-2

Market Activity 81401

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Area Information

StateCO
CityMontrose
Zip Code81401
AreaMontrose City
Listing VS Median (in 81401)
Price:
$1,600,000
low | high
Med:
$209,900
100% of Average
SqFt:
22,366
low | high
Med:
1,920
100% of Average
$ / SqFt:
$72
low | high
Med:
$109
2.819772135417% of Average
On Site:
751
low | high
Med:
21
100% of Average
Listing Updated: 10/17/2018
MLS Number: 693094
Listing Provided By:
John Renfrow  of  Renfrow Realty



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