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New
427 & 429 E Main Street Montrose, CO 81401
3 Baths
4,800 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $124
Subdivision Montrose City
MLS Listing ID 830910
Half Baths 3
Year Built 1900
Annual Tax Amount $5,500
Tax Year 2023
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Retail
Property Description
8.4 cap!!!! Great tenants, Full NNN 36 leases. Prime location in the heart of downtown Montrose! Two separately deeded commercial buildings. 427 Main Street is 2500 sq ft with a partial basement and partially remodeled in 2021, shabby chic style. Main street storefront in the Central Business District. Alley access for unloading and deliveries...Zoned B-1. City just completed extensive downtown upgrades including all new paved streets. 429 Main Street is 2300 sq ft. and some renovation's in 2024 Both units combined is approximately 4,800 sq ft total, plus the basement. Investment opportunity with two NNN leases. Some historic pictures are added to show the interior opened up as one unit. REAL ESTATE ONLY!!
Location
State CO
County Montrose
Interior
Heating Fang & Boi
Cooling Evaporative Cooler
Flooring Carpet
Equipment None
Furnishings Unfurnished
Exterior
Parking Features On Street, Off Street, Common
Building
Story 1
Foundation Basement-Unfinished
Sewer Public Sewer Installed
Water Public
New Construction No
Listed by Berkshire Hathaway HomeServices Colorado Properties
Lee Roufa
Broker License Partner Engel & Volkers Telluride | License ID: ec100033234