$2,745,000

6.69± Acres

Active

Montrose County, CO

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TBD Highway 550 & Otter, Montrose, Colorado

MLS ID: 808735

Status: Active

Price: $2,745,000

Acres: 6.69±

Type: Land, Commercial

Address: TBD Highway 550 & Otter

City, State: Montrose, CO

County: Montrose County

ZIP Code: 81401

Lat/Long: 38.474573, -107.866048

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: 273

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

Maps

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Spencer Jordan

Carbondale, Colorado

(203) 962-3683

Interested? Contact Us Today About This Listing

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

TBD Highway 550 & Otter, Montrose, Colorado

Description

Additional Information

Maps

Spencer Jordan

Interested? Contact Us Today About This Listing

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