$449,888

428 & 432 E Main Street

Montrose CO, 81401

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!

Details

MLS#764357
StyleRetail
Sub-TypeResale
StatusActive
Year1908
Days On Site15

Features

SQ Feet11,708
Story(s)2
Units3
ZoningB-1

Market Activity 81401

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Area Information

StateCO
CountyMontrose
CityMontrose
Zip Code81401
AreaMontrose City
Listing VS Median (in 81401)
Price:
$449,888
low | high
Med:
$240,000
96.653389288001% of Average
SqFt:
11,708
low | high
Med:
2,549
100% of Average
$ / SqFt:
$38
low | high
Med:
$94
95.030254302113% of Average
On Site:
15
low | high
Med:
158
9.493670886076% of Average
Listing Updated: 11/14/2019
MLS Number: 764357
Listing Provided By:
John Renfrow  of  Renfrow Realty



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