TBD S Hwy 550 & Otter Road Montrose, CO 81401

High visibility corner lot off S Highway 550 with prime highway frontage. The parcel will be approximately 1.5 acres and is currently approved for 9,900 sf of retail/office. This parcel will be split off from the entire 6.7 acres - subject to approval by the applicable governing authorities. On th...e entire 6.7 acres (see MLS# 816931), there is an approved plan and full architectural drawings for an 89-unit senior living project along with the 9,900 square feet of retail/office at the intersection of Hwy 550 and Otter Road. This property is zoned B-2, Highway Commercial District. Supreme commercial location, near the river, mountain views, and easy access! Continue reading