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$2,795,000
6.69± Acres
Active
Montrose County, CO

TBD Highway 550 & Otter, Montrose, Colorado

MLS ID: 808735
Status: Active
Price: $2,795,000
Acres: 6.69±
Type: Land, Commercial
Address: TBD Highway 550 & Otter
City, State: Montrose, CO
County: Montrose County
ZIP Code: 81401
Parcel Number: 399304314001
Listed by: Mandy Norris-snell of Norris-snell Real Estate, Llc

Description

Prime highway frontage just south of Target in Montrose with majestic mountain views! This is arguably the most beautiful commercial parcel in Montrose and would be suitable for a hotel, retail center, medical offices, a restaurant, etc.! Shovel-ready development. There is a current approved plan and full architectural drawings for an 89 unit senior living project with 9900 square feet of retail/office at the intersection of Hwy 550 and Otter Road. This parcel has high visibility with around 1,300+ feet of highway frontage and approximately 900 feet of Uncompahgre River frontage. The City of Montrose has a river corridor master plan and 2.5 acres of this parcel were deeded to the City to complete the first major section of Riverwalk. This property is zoned B-2, Highway Commercial District. If a supreme commercial location, river frontage, views and easy access is what you are looking for, then here is your property.

Additional Information

Exterior

Fencing: Barbed Wire
Horse: Yes
Lot Dimensions Source: Public Records
Lot Features: Cleared, Corner Lot, Corners Marked, Backsto Greenbelt Park, Pasture, Level, Wetlands
Road Frontage Type: City Street, Highway
Road Surface Type: Paved
Waterfront: Yes
Waterfront Features: River Access

Financial/HOA/Schools

Days On Market: 3
Elementary School: Cottonwood K-5
Middle School: Columbine 6-8
High School: Montrose 9-12
Zoning Description: Business, Commercial

Extra Information

Disclosures: Flood Plain Disclosure, Owner Is Listing Agent, Other
Documents Available: Legal Description, Other, Plat, Site Plan, Survey
Spencer Jordan

Spencer Jordan

Carbondale, Colorado

(203) 962-3683

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Listed By: Mandy Norris-snell of Norris-snell Real Estate, Llc