Montrose CO Commercial for Sale

ADDITIONAL INFORMATION

Great for a 1031 Exchange, Hands Off Investment Opportunity with a Bonus Potential Value Add . This building is currently under construction. Certificate of Occupancy is estimated for 10-15-2024 but lease starts at C.O.. Rexel is a Nationally Recognized Tenant that has signed a 7 year initial lease with 2% escalators annually and 2 ( 5 year ) renewal options with built in 2% escalators. This construction is taking place in the ever growing Montrose City business/industrial district next to the airport. There is a executed lease to review with a signed NDA. First years NOI is $210K. These types of deal are rare. Brand New lease starting at CO for 7 years with Nationally recognized Tenant. Brand new 10000 SF building in Montrose. Call agent for more. O.M. is attached to MLS

ADDITIONAL INFORMATION

Established Italian Restaurant and Pizza. All FF& E included. Shown by appointment Only. Hours of Operation: Tuesday through Saturday 11:00AM to 9:00PM Closed Sunday and Monday Call for current information. Financials, P&L available to qualified prospect.

ADDITIONAL INFORMATION

Looking to embark on a business and manufacturing endeavor that embraces the pristine beauty of the Colorado outdoors in Southwest Colorado? You're in luck! Our property is the perfect canvas for your vision. Previously, it served as the hub for developing, marketing, and producing a revolutionary system for detecting flaws in plywood and other wood products. While it has been incredibly profitable, the time has come for our innovative company to pass the torch and make this exceptional building and grounds available for sale. The main building, thoughtfully designed for flexibility, offers a modular interior space where walls can be reconfigured or removed as needed. Your journey begins at the entrance on Apollo Avenue, leading to corporate offices, private workspaces, architectural planning, engineering, research and development facilities, and state-of-the-art manufacturing spaces at the north end. Additionally, a newer building with 20-foot ceilings and a 14-foot overhead door is ideal for storage, welding, assembly, and shipping. Adapting this space for different products and purposes is effortless, leaving room for your imagination to flourish. Nestled adjacent to the picturesque duck pond in River Bottom Park, our location offers both a thriving workspace and a relaxing oasis. With approximately 2.2 acres of land, a mere 12% is currently in use, leaving plenty of potential for expansion. The owner had planned to construct another large industrial building on the east end, complete with parking and additional storage. The City has a track record of generosity by providing irrigation water from River Bottom Park, which may still be accessible for your needs. The versatility of this property is truly exceptional. It can be repurposed for a range of applications, including educational institutions, municipal buildings, recreational facilities, outdoor product manufacturing, storage solutions, solar technology and design, high-end recreational vehicle production, food and beverage processing, pharmaceuticals, engineering services, and automobile detailing. The diverse building styles create a myriad of possibilities. Seize the opportunity to explore this remarkable property, and unlock its potential for your unique venture. With ample land for expansion, the possibilities are as limitless as your imagination. Make this the backdrop for your next Colorado business venture!

ADDITIONAL INFORMATION

132k++ of Net NOI 2023 /190k gross (6 unit multi family) 8.62 CAP rate (w/all expenses except mngt) 14 bedroom/10 bath, 5-6 unit Income producing Multi-Family on Main St, Montrose. Corner lot, all in one building, w/ multiple uses, near Telluride. **long term normal income would be ~11,000+ a month if long vs STR. Over 7,300+ feet, 6 Total Apartments, fully furnished with great rental history and many repeat visitors. Since its zoned B-1, you are at a massive advantage if rules come down the line as they have in other towns. No residential neighbors to complain STR are affecting neighborhood. Great walking location, right downtown with coffee/grocery/bars /distillery /CO-working /food trucks all within 2 blocks. If you long termed it, Tenants can pay electric (5 meters) + (2 gas meters). Owner would still pay sewer/water/trash. 5 extra storage units for the rentals also, (3 inside lobby, 2 outside). Recently restored and upgraded with 90% new plumbing and 90% new wiring, 5 new electric meters and 2 units are gas metered. Many new windows, 90%+ new flooring, stylish stone, barnwood and granite. Stainless appliances and high ceilings in most units. Building wide master Fiber WIFI for future additional income. Major $600,000 Remodel in 2017-19 and also permitted upgrades in 2021. City parking in multiple locations nearby and adjacent. The front unit is 147 main st, a huge 3000 sq feet up and down unit with 5 bedrooms and 4 baths), (2 master ensuites upstairs with decks and rooftop patio. #18 Selig Av is a large studio #26 Selig Av: A) 2br/1bath B) 3br/2bath with very tall, vaulted ceiling C) 2br/1b with vaulted ceiling D) 1br/1b separate alleyway entrance can be combined with C Some ways to increase revenue, (roof top amenities, hot tub, bike racks, grills and more amenities. Add some lofts in B or C as the ceiling is so tall? Low vacancy (as an example out of June, only 3 empty nights out of a possible 180 =.5% (half of 1 percent) ***Sold fully furnished minus some PP and all art. ***8.62%+ CAP rate based on list price and NOI 23' ***Full monitored new fire suppression system (a 70k+ value) *** Low taxes of only 3,100 a year! *** NO HOA, street access on 3 sides. *** ROOF access is easy and can be upgraded for amenities.

ADDITIONAL INFORMATION

High traffic visibility & endless uses for the sought after B-2 Zoning. Building w/parking lot plus turning lane off of the main street. Located on the main street/highway through Montrose CO, S Townsend Avenue AKA Hwy 550/Hwy 50. Across from the Montrose High School. One of the highest CDOT traffic counts. 13â?? high steel tube signage frame at front. City allows for much more signage. Currently used as a Professional Office and 2nd entrance serves as a studio apartment, but has also been rented as a commercial space through the years. Now assessed for Commercial Use + Residential this building may be used for the following (+ much more): Commercial or Residential, or Mixed Use as Commercial and Residential combined. Retail stores, business and Professional Offices, and Service Establishments which cater to the general shopping public, plus many more. Refer to the City of Montrose MUNICODE Sec 11-7 under "B-2". First Floor: Current Use: 1) Main Entrance Door #1 - (4) offices plus ADA Bathroom + 2 rooms upstairs 2) 2nd Entrance Door #2 - 2020 Remodel of 500 sq ft (mol) Studio Apartment/Commercial Office. This space also has a fully enclosed exterior deck in back with 6â?? privacy fence. Space has been rented as Commercial and as Residential. Ideal for Short -Term rental with itâ??s own private front & back doors + parking. New electric - breaker box in 2020. Currently rented until 3-31-2025 for $1295./mo. Second Floor - 2 finished rooms/offices currently used as Storage. Owner currently rents (2) 1st floor offices for $1200./month & will rent back to new Owner for @ least 1 year. Full Heated & Cooled Basement: Currently used for Storage-Unfinished. This building has FANG and central A/C, metal roofing, updated vinyl windows, wood floors, alarm system and much more. Sewer line has been partially replaced/repaired in 2020 by Haynes (video available). Furnishings negotiable. Very well maintained structure. Located in the RE-DO District. Great taxes for a commercial building located on South Townsend Avenue. Lots of possibilities.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Here is your opportunity to own a piece of Montrose History! This historically registered building was erected in 1910 by Sterling Samuel Sherman and Frank Ross. Word is that Sterling Sherman was the grandson to William Tecumseh Sherman of the Civil War. He came to Colorado in 1879 and Montrose a year later. The Sherman Ross building served as a billiard hall, theater and even a mortuary for a time. This is just the beginning of the endless history of this great building located in the prime business district of Montrose, CO. The two story building is located on the corner of E. Main St. (Hwy 50) and Townsend Ave (Hwy 550) and encompasses 8,000 sq ft of both retail and living space. With two store fronts for retail on the lower/main level and four full apartments/offices on the upper level, the possibilities are absolutely endless! This beautiful brick building represents the Twentieth Century commercial style with its flat roof, corbeled piers with stone trim which project above the roof at the corners. It features beauty in its cornice of decorative brickwork, framed windows and stone sill course. The first story store fronts are divided by a central entrance to the upstairs. The large plate and leaded glass windows and awnings as well as tin ceilings throughout the inside cannot go without mention. The building abuts Demoret Park and overlooks one of Montrose's busiest intersections. This is prime location for any business. This is a very special building in one of the Western Slope's most formidable markets.

ADDITIONAL INFORMATION

Two story unit. Upstairs area has new flooring. Up stairs has a kitchen area and 3/4 bath. Up stairs in on Month to Month. Owner pays all utilities Pictures on the main floor, without Furniture & Equip are prior to tenant lease. Pictures of 2nd floor no longer a church.

ADDITIONAL INFORMATION

SOUTH COMMERCIAL CORRIDOR INVESTMENT PROPERTY-REAL ESTATE ONLY: Commercial Retail/Office Building Available in River Landing! 4,596 sq.ft. (MOL) commercial building on .89-acre (MOL) lot, located in the busy S Townsend Ave/S Hwy 550 corridor with 28,000+ vehicles daily. High-quality construction, fire suppression system, HVAC, fiber-wired building on a beautifully landscaped lot. Building has large, picture windows on three sides, sizable showroom, 2 ADA bathrooms and ample size storage area. 23 paved off-street parking spaces. Surrounding businesses include Walmart, Home Depot, Discount Tire, Chiliâ??s, Applebeeâ??s, Camp Robber, Target, Hobby Lobby and Ross. Sale is for Real Estate only, business is not included. Zoned B-2 Highway Commercial in the City of Montrose; this district is intended as a shopping and business center for the City and surrounding area. Building is leased through September of 2027.

ADDITIONAL INFORMATION

Two buildings totaling 15,850 square feet on 1.13 acres zoned light industrial. Both buildings are occupied now on short termleases. The property is located near the new Colorado Outdoors development. Showing by appointment only - do not disturbowner. Contact agent with questions and to set appointment.

ADDITIONAL INFORMATION

Event Center - Wedding Venue including dance floor, bar and kitchen. A commercial retail location with 2 wonderful tenants and one 3000 sf unit still available. And a small residential living space. There are currently several tenants leasing units and one unit still available. Bring your dream business or own an investment property with a beautiful history and future.

ADDITIONAL INFORMATION

Excellent Commercial Condominium! Corner Location with High-Traffic Count. 2,270 sq. ft.(MOL) corner commercial condominium in Montrose Trade Center Building located on E Main St./Hwy 50. Includes a retail showroom with shelving, service counter, private office and large rear storage space with a grade-level/overhead door. Zoned B-2 in the City of Montrose. High-traffic count with 11,000+ daily vehicles. Great location for your business with easy access and private parking.

ADDITIONAL INFORMATION

Office/Retail on Main St. with Warehouse: Incredible Opportunity to Capitalize on Downtown Areaâs Largest Available Building! Property consists of 3 separately deeded parcels totaling .60 acres. 146 W Main has 14,687 sq.ft. (MOL) office/warehouse building. Building features 3 offices, 3 bathrooms (2 ADA), breakroom, 3-phase power, 3 overhead doors and upgraded HVAC. 130 & TBD W Main parcels are both vacant land and currently used as a parking lot. Property is located by signalized intersection of West Main and Grand Ave. Office/retail units face Main Street with space on street level and upstairs. Zoned B-2 & B-2A allows for retail, offices, restaurants, vehicle services and building material sales. Warehouse unit faces S Willerup Ave with potential to add 2 loading docks and overhead doors. Excellent investment property or great for an end-user!

ADDITIONAL INFORMATION

LOCATION - LOCATION - LOCATION. Great office condominium located in a busy retail/office center at the highly desirable south end. Steps to the Stonehouse. Across the street from Wal Mart. Wonderful views. Reception area. 5 Private Offices. A Storage Room that could be turned into another office. 1 - 3/4 Bath, 1 - 1/2 Bath. A full Kitchen with appliances. 9'Ceilings. Very Quiet. Excellent off-street parking. Can't be duplicated at this price.

ADDITIONAL INFORMATION

Incredible opportunity to purchase a large commercial space in a beautiful location. Property is being SOLD AS IS and has sustain fire damage. There is a full building inspection from a licensed building inspector that will be available to the buyer upon executed contract. Just a short walk from the legendary Montrose water park - directly across from River Valley Health Clinic and on the main bypass through downtown Montrose; this is a great opportunity for the investor with vision to grab a large building in an increible location at a great price.

ADDITIONAL INFORMATION

Turn of the Century Saloon -- Colorado Wedding & Historic Theme Event Center Built in 2003, the Turn of the Century Saloon in Montrose, Colorado is one of the most interesting properties we've ever listed--and we mean that in a good way. It has a very unique combination of desirable assets, including a historic 1890's-themed saloon and event center; 2 commercial kitchens; historic pawn shop with upstairs studio; 2 guest bedrooms; free-standing workshop & garage; andÂ2-bedroom, 1-bath home. It has immense commercial and income potential, ranging from day-to-day operationsÂas a saloon with liquor license;Âshort-term vacation rental;Âwedding & special events center;Âcatering kitchen; and rental property. The theme of the buildings is reminiscent of a corner block of an 1890's Western town, complete with saloon, cigar store, pawn shop, and workshop. The venue is perfect for large parties and weddings and can easily host up to 200 people. There is plenty of room for parking. Montrose, Colorado is the gateway to Telluride and the Black Canyon Montrose is one of the larger towns in southwest Colorado, situated on US50 near the portal to the Black Canyon and the Gunnison River. The Montrose Regional Airport can land 737's and is served by direct flights from destinations as far away as Newark, New Jersey. Montrose is ringed by the San Juan mountains and Telluride is just over 45 minutes to the south. The area is known for excellent fishing, trophy big game hunting, skiing, 4-wheeling, and all kinds of mountain recreation. Montrose is one of the biggest trade centers in southwest Colorado, with big box stores such as Home Depot and Super WalMart, a VA clinic, hospital, and an active commercial core. The Turn of the Century Saloon is located a couple blocks north of the downtown core on 4th Street, with easy access to US 50 and Townsend Avenue, one of the main arteries through Montrose. History as Profitable Event Center and Wedding Venue The Turn of the Century Saloon has been the venue for many parties, weddings, and gatherings over the years. The owner has hosted many events. However, other business pursuits have taken him in a different direction over the past couple of years, and there have been no bookings for the past couple of years. If you want to see financials, you will be disappointed, as they are not available. Any buyer will have to work up their own marketing plan and realize that the business will have to be re-started from scratch. However, the liquor license is intact and the owner will cooperate in transfering the license to a qualified buyer. Bar, Restaurant, Stage, & Surround Seating--a Perfect Party Venue The saloon itself is a beauty. It features a long wooden bar like you would see in a movie. The downstairs area is 2,929 square feet and the balcony is 1,916 square feet.ÂOn the north end of the downstairs bar area is a stage large enough to hold a 5-piece band, which it has done many times. The dance floor is solid oak, and the outside areas of the dance floor are ringed with tables. Upstairs is a mezzanine with railings overlooking the dance floor and bar below, with room for more tables. On the north end of the upstairs are two guest rooms and a shared bath, perfect for a wedding party or other short-term rentals. Off to the right of the downstairs saloon is a good commercial kitchen, which is currently leased to an active catering business on a month-to-month basis. There are public men's and women's restrooms. The venue is offered with all furnishings and fixtures, except for the trophy big game mounts, which will not convey. Owner's quarters--small but comfortable 2-bed, 1-bath home with kitchen and living room Just to the east of the saloon are the owner's quarters, a small stand-alone house that is simple but very liveable. It has its own kitchen, bath, 2 bedrooms, and living room. Built in 1994, it has a total of 1,040 square feet.

ADDITIONAL INFORMATION

Rare prime commercial 5 acre lot with S. Highway 550 frontage and excellent visibility and access. Huge daily traffic counts. Highest and best uses: retail, lodging, medical, professional. Building originally on lot has been removed. Parcels of this size in such a location, in the heart of Montrose, are difficult to find.

ADDITIONAL INFORMATION

Iron Will Dog Lodge was created in 2014 and has become one of the most elite Dog Boarding facilities on the Western Slope. Iron Will Dog Lodge is a very steady and Lucrative Turn Key Business, with the opportunity to double the size of the clientele with an additional 3200 S.F building already in place. The business is located just South of Montrose and included in the sale are the 4.96 acres with all the improvements. A beautiful custom home with 2872 S.F, 3 bed, 2 baths, bonus room above the 2 car garage, vaulted ceilings, 8' stained alder interior doors, mountain views and so much more. The Kennel is 1800 S.F and the detached garage/Shop has 3200 S.F with an RV Bay, additional 2+ car parking area and endless possibilities.

ADDITIONAL INFORMATION

Excellent income and capital appreciation investment opportunity in the Milestone Building in rapidly expanding Montrose, Colorado. Highest quality national tenant, occupying the premier location in the highest quality, best located office building in Montrose. Recent high end custom build-out to current tenant specifications. Perfect for passive investors and 1031 Exchanges. Offered at 4.5 cap rate. Combined Condominium Units 101 & 102 in the Milestone Building of 3,498 Net Square Feet and 4,539.32 gross square feet, representing 12.98 % of the Condominium Allocated Interest. Tenant: American AgCredit, FLCA, a federally chartered corporation. 3 % Annual Rent Escalators. Tenant Extension Option for 5 years upon expiry of current lease October 31, 2023. Lease: True âNNNâ. All Common area charges direct Tenant responsibility included in Lease and payable directly to Condominium Association by Tenant. Entertaining qualified and serious offers. Brokers, please review Agent's Confidential Remarks Section. Listing Broker is Member of Seller. All information contained herein is deemed reliable, but should be independently verified.

ADDITIONAL INFORMATION

This 8+ acre irrigate property is 5 miles south of Montrose on Highway 550. There is 500 feet of highway frontage. This property can be rezoned to commercial -- there are not many left south of Montrose, making this a very unique property. There is also a beautiful 2400 sq. ft. brick home on the property with a 3 car garage. A buyer could zone commercial in the front and live in the home. The San Juan views are great. The irrigation water is priority water and lots of it. All mineral right go with the property.

ADDITIONAL INFORMATION

First time listed landmark Milestone Building. The total 41 individual condominium units and common areas are for sale as a single transaction. One contract, one price. This results in 100 % control and ownership of the HOA common areas in addition to the 41 individual unit spaces, allowing for high quality passive office rental income, expansion or potential residential/hotel conversion or if desired, reversion to a non-condo, single owner stand-alone building. National standard, 34,972.72 square foot highest quality stone, steel and glass 3-story building in entire region, located in the premier location in the southern corridor at the traffic lighted corner of HWY 550 and Hawk Parkway. Created and designed by renowned architect DTJ (Boulder/Atlanta) in conjunction with international consulting and business team. Constructed regardless of cost on 28 foot steel driven steel pilings. Excellent tenant mix, amenities, location, quality and flexibility. Health focused and beautifully maintained. Offered at less than $200 per square foot. Excellent current income stream. Offered price significantly less than 50% of current replacement cost provides extraordinary financial upside and user opportunity. The ultimate investor, user and developer financial opportunity in Montrose. Currently 100% occupancy of finished units. Perfect for use, current income investment, relocation, expansion or conversion. (See âHighlightsâ section in Associated Documents for property bullet point specifications, features and additional information and the âGeneral Outlineâ for expansion of general features and uses). Totally flexible design. Health oriented HVAC air exchange and operating windows. Extra wide corridors, total plumbing, wiring and lay-out flexibility pre-installed. New Ownership Structure Flexibility. BUYER HAS OPTION TO RETAIN CONDOMINIUM STRUCTURE VS. CONVERSION TO SINGLE OWNER STRUCTURE FOR PROPERTY. Because new owner will acquire 100 % ownership and control of all currently existing condominium Units in addition to the HOA, it will therefore acquire the full flexibility and discretion to continue the condominium structure with the existing HOA, expand to Residential/Commercial HOA or to dissolve the HOA and convert the building into a single owner, single deed property should that be deemed more advantageous. See dedicated website for pictures and general floor plans. On-Site Management. Current on-site management team would be available to continue in that capacity if desired. Further Information: Available upon confidential buyer identification. Detailed rent roll with tenants and additional info available upon Pre-Approval Letter, VAL, financial capability letter from financial institution acceptable to Seller or proof of active 1031 Exchange and NDA. Cash or 1031 buyers preferred. Specific financial information and individual leases available with LOI. Serious inquiries only. Please see extensive and detailed information included in the ASSOCIATED DOCUMENTS. Info deemed reliable but should be individually verified during due diligence. Larry Wooddell, Broker/ Owner of High Country Properties, Inc. is a member of the majority of five of the six individual selling parties.

ADDITIONAL INFORMATION

On the corner of Highway 550 and Main Street Colona, this was the site of the first railroad stop in Ouray County. The surrounding area was settled and homesteaded in the 1880's. With 3.5 million passersby and few options for a coffee/ sandwich/ quick-bite/ ice-cream on the highway between Ouray and Montrose, this is an amazing opportunity to OWN a gorgeous turn-key space with incredible potential. Equipment, fixtures, decorations, and furnishings are included in the purchase price, as are the large back patio (exceptional views!), and drive-thru (note: ''Zona Colona'' business is not being offered for sale). With 2+ lots there is plenty of room to expand. Recently constructed turn lanes make highway access easy for highway 550 traffic.

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

Large custom home on its own 6.5 acre lot with an additional +/- 120.00 acre sod farm and business. There is 2.5 c.f.s. of adjudicated irrigation water in addition to the UVWUA irrigation water. The home has 4,419 sq.ft. with geothermal heating and cooling, 2 fireplaces, Fisher & Paykel, Thermador and LG appliances, granite slab and granite tile countertops in the kitchen and bathrooms, crown moldings throughout, large patio areas, 3 car garage and mature landscaping. The +/- 120.00 sod farm which includes an established, very productive business, all the equipment necessary to operate the business, a 5,000 sq.ft. insulated shop/produce building with automated heating and ventilation, +/- 5,100 sq.ft. of covered equipment storage buildings, an office with approximately 1,165 sq.ft. plus a 2 car detached garage and additional workshop are included in the listing price. Business financials are available for qualified buyers. The irrigation water consists of 113.7 shares of UVWUA water plus an additional 2.5 c.f.s. of adjudicated water from Coal Creek which runs into a tile line underground and can be pumped from all year. The list of equipment for the business is extensive but includes several tractors, several UTVs, the sod harvester, 3 delivery trucks with forklifts, several mowers, office equipment, etc. The sellers stated they would stay involved with the business for 1 growing season to train and help the new owners. Sellers may consider owner-carry financing with a substantial down payment.

ADDITIONAL INFORMATION

Premium Commercial Storefront with Excellent South Townsend Location! The largest retail space for sale currently available in Montrose on South Townsend. The 11,611 sq.ft. (MOL) retail space has an additional 867 sq.ft. (MOL) upstairs storage area and is situated in the cityâs major trade corridor with strong area demographics; highly desirable storefront is conveniently located adjacent to S. Townsend/Hwy 550. Central in-line space with Office Depot, Harbor Freight and Big 5 Sporting Goods, presents a rare opportunity for a destination store in an established retail center. Impressive visibility, signage and traffic count with 27,000+ daily vehicles. Shopping center features 340+ feet of frontage, a pylon sign and 367 parking spaces. Zoned B-2 in the City of Montrose.