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$9,800,000
86.8± Acres
Active
Montrose County, CO

461 , 489 W Main, Spring Creek Rd & 14750 Marine Rd, Montrose, Colorado

MLS ID: 835930
Status: Active
Price: $9,800,000
Acres: 86.8±
Type: Multi-Family, Land
Address: 461 , 489 W Main, Spring Creek Rd & 14750 Marine Rd
City, State: Montrose, CO
County: Montrose County
ZIP Code: 81403
Parcel Number: 376728310002
Listed by: John Renfrow of Renfrow Realty

Description

A rare opportunity to acquire a large-scale, mixed-use development assemblage in Montrose, Colorado. This offering includes four contiguous and nearby properties totaling ~86.8 acres, ideally positioned adjacent to Colorado Outdoors—a premier 164-acre riverfront development. 755 Spring Creek features ~55.2 acres with flexible zoning including B-2, R-3, R-4, and MHR in the City of Montrose, allowing for a wide range of development possibilities. The property includes 19.3 shares of UVWUA irrigation water, a well permit, and is improved with a 2,112 sq. ft. 3-bedroom, 2.5-bath home and horse barn, both currently leased for income. The Uncompahgre River runs along approximately 0.35 miles of the property, providing exceptional natural amenities. 14750 Marine Road consists of ~16.82 acres with B-4 and R-3 zoning within City of Montrose. The property includes 2.5 UVWUA water shares and features a ~696 sq. ft. 1-bedroom, 1-bath home, pasture, ponds, and horse facilities. Improvements are currently leased, offering additional income potential. 461 W Main Street offers ~4.02 acres zoned General Business in Montrose County. The property includes a 1,560 sq. ft. shop and boasts river frontage along the entire east boundary, creating a unique setting for commercial or mixed-use development. 489 W Main Street encompasses ~10.759 acres within the City of Montrose, zoned B-2. The property is improved with 1 duplex, three mobile homes, and a single-family residence, along with 3.0 shares of UVWUA irrigation water and a private well. Existing improvements are currently leased, providing steady cash flow. With diverse zoning across all parcels, this assemblage supports a wide range of development options including retail, restaurants, hospitality, single-family or multi-family residential, and mixed-use concepts. Prime location, strong water rights, existing income, and significant river frontage combine to create a truly exceptional investment and development opportunity. Endless possibilities await in one of Montrose’s most dynamic growth corridors.

Additional Information

Exterior

Exterior Features: Propane Tank Leased
Fencing: Barbed Wire, Chain Link, Pipe
Horse: Yes
Irrigation Water Rights (Yes/no): Yes
Lot Features: Adjacent To Public Land, Other, Level, Rolling Slope, Wetlands
Lot Size Dimensions: 86.799 Acres
Other Structures: Corrals, Stables, Sheds, Workshop
Road Frontage Type: City Street, Public Road
Road Surface Type: Paved
Water Source: Connected, Public, Well, Water Tap Paid
Waterfront: Yes
Waterfront Features: Creek, Pond, River Access

Financial/HOA/Schools

Days On Market: 24
Elementary School: Northside K-5
Middle School: Centennial 6-8
High School: Montrose 9-12
Zoning Description: Business, Commercial, Residential Multi Family, Residential Single Family

Extra Information

Disclosures: Easements, Flood Plain Disclosure, Owner Is Listing Agent
Documents Available: Aerial, Easements, Environmental Study, Legal Description, Lease, Plat, Site Plan, Survey

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Listed By: John Renfrow of Renfrow Realty