309 E Main Street Level + Basement Street Montrose, CO 81401

Mixed Use Residence

Beds

2 Baths

6,204 Sq. Ft.

0.14 Acre Lot

Property Activity

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Last updated on 11/13/2024 8:03 AM

Listing Details

From sizzling food and cold drinks to retail wares of all sorts and sizes, this facility provides opportunity upon opportunity! Stores and restaurants thrive on foot traffic, of course, which is exactly what this stretch of Main Streetâthe coveted first eastern block off Townsendâdelivers. Have a ...lot of merchandise to sell? With 6,000-plus square feet, not only will you find enough room, but youâll be able to arrange it in the most eye-appealing ways without customers jostling each other for lack of space. Updating and remodeling has improved the structure without sacrificing its character. Generous storefront windows invite pedestrians to stop and gaze in. The upstairs residential unitsâthough not a part of this listingâcontribute to the historic downtown Montrose atmosphere of the buildingâs exterior. Brick walls and structural integrity, among other things, make this unit classic and grand. Two businesses currently operate within. Inside, the main areas feature well-preserved oak plank flooring as well as tasteful period lighting fixtures. Also presentâtwo huge, modern, ADA-compliant restrooms with stalls. If youâre looking to install a commercial kitchen (as has been done here before), youâll be thrilled to know that the plumbing and wiring are already in. (Plumbing and electrical were brought up to code in 2006.) A plumbed bar can be found on the fly shop side. Double doors in the back wall facilitate shipping, and the rear entry provides access to a city parking lot directly behind the property. Seeking to maintain cash flow? Leases are in place. (The owner currently runs the Downtown Mercantile.) Bonus: This lot currently lies in the Qualified Opportunity Zone and the Colorado Enterprise Zone, each offering tax advantages to the right buyer. Benefits are stockpiled here! Montrose is growing; now is the perfect time to walk through this open door. Continue reading

MLS#

783031

Property Type

Mixed Use

Bathrooms

2 Half

Year Built

1905

Square Feet

6,204 sq. ft

Price per Sq. Ft.

$95.10