$949,500

0.21± Acres

Active

Montrose County, CO

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Montrose 33 & 35 Uncompahgre & 430 N. 1st

33 & 35 Uncompahgre & 430 N. 1st, Montrose, Colorado

MLS ID: 824709

Status: Active

Price: $949,500

Acres: 0.21±

Type: Business, Commercial

Address: 33 & 35 Uncompahgre & 430 N. 1st

City, State: Montrose, CO

County: Montrose County

ZIP Code: 81401

Lat/Long: 38.478685, -107.83126

Parcel Number: 376728403017

Listed by: Colleen Aller of Keller Williams Realty Southwest Associates, Llc - Montrose

Bathrooms: 5

SqFt: 9,500

Description

Turn-Key Downtown Montrose Investment | 8.1% Cap Rate 33 & 35 N. Uncompahgre Ave. + 430 N. 1st St | Montrose, CO 81401 Offered at $949,500 | Zoned B-1 | Fully Leased | 8% Cap Rate Exceptional opportunity to acquire a fully occupied, cash-flowing commercial property in the heart of historic downtown Montrose. This three-unit portfolio includes two street-facing buildings (33 & 35 N. Uncompahgre) and a rear-access unit (430 N. 1st), all under long-term leases with established tenants. This corner-lot property is zoned B-1, offering flexibility for retail, office, or mixed-use occupancy in the future. Located within the Opportunity Zone, this asset offers potential tax advantages and long-term upside. Investment Highlights: - Three fully leased units with strong rental history - 6.2% Cap Rate | Immediate cash flow - Zoned B-1 (Central Business District) - High visibility location with strong pedestrian and vehicle traffic - Located in Montrose’s Opportunity Zone - Individually metered units with private entrances - Low maintenance investment with upside potential

Additional Information

Interior

Building Area Total: 9,500

Flooring: Carpet, Wood

Furnished: Partially

Heating (Yes/no): Yes

Heating: Electric, Natural Gas

Exterior

Foundation Details: Brick Mortar, Slab

Lot Features: Corner Lot

Lot Size Dimensions: 125x78

Roof: Membrane

Stories: 1

Financial/HOA/Schools

Days On Market: 12

Zoning Description: Commercial

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Listed By: Colleen Aller of Keller Williams Realty Southwest Associates, Llc - Montrose

33 & 35 Uncompahgre & 430 N. 1st, Montrose, Colorado

Description

Additional Information

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