33 & 35 N Uncompahgre & 430 N. 1st Street,Montrose, CO 81401
Montrose, CO 81401
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
Details
| MLS # | 824709 |
|---|---|
| Listing Type | For Sale |
| Style | Warehouse |
| Building Name | Sidelines Sports Bar |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 453 |
| Listing Provided By | Keller Williams Realty Southwest Associates, LLC - Montrose | Colleen Aller |
Features
| Bath(s) | 5 |
|---|---|
| SQ Feet | 9,500 |
| Story(s) | 1 |
| Units | 3 |
| Zoning | Commercial |
| Acreage | 0.21 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Heating | Electric, Natural Gas |
| Furnished | Partially |
Exterior
| Roof | Membrane |
|---|---|
| Foundation Details | Brick Mortar, Slab |
| Lot Features | Corner Lot |
Other
| List Aor | Montrose Association Of Realtors |
|---|
Area Information
| State | CO |
|---|---|
| County | Montrose |
| City | Montrose |
| Zip Code | 81401 |
| Area | Montrose City |
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Learn More About This Property
| State | CO |
|---|---|
| County | Montrose |
| City | Montrose |
| Zip Code | 81401 |
| Area | Montrose City |