$1,700,000
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27 S CASCADE Avenue Montrose, CO 81401
Retail
Residence
Beds
6
Baths
18,325
Sq. Ft.
0.22
Acre
Lot
Property Activity
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A longstanding fixture in the Montrose community, this theater has been in operation for almost 100 years. Now beginning the next phase of its life, this unique building seeks an individual looking to transform the purpose of the building or carry on its longstanding cinematic tradition. While the l...ist price is for real estate only the trade fixtures and business are negotiable. Come explore this one-of-a-kind ~18,325 sq ft building currently boasting 3 screening rooms (84 seats, 168 seats, and a 245-seat penthouse), 3 sets of menâ??s and womenâ??s restrooms, and a snack bar/retail area. Zoned B-1 â??Central Businessâ?? in the city of Montrose, this property additionally features an Opportunity Zone designation, allowing for prospective investors to reap the benefit of substantial tax breaks through deferred capital gains taxes.
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MLS#
819021
Property Type
Retail
Bathrooms
6 Half
Year Built
1929
Square Feet
18,325
sq. ft
Price per Sq. Ft.
$92.77
Lot Size
0.22
Stories
2.0
Sewer
Public Sewer
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