Commercial Investment Property - 8 Rental Units. Excellent opportunity to own a well-positioned commercial property featuring 8 individual rental units, outstanding accessibility, and an unusually generous amount of parking. With front off-street parking, a private rear parking lot, and additional on-street parking, the property offers exceptional convenience for both tenants and their customers. Prominent frontage and dedicated signage further enhance visibility and accessibility. The building is zoned B-2 provides flexibility for a variety of commercial uses. Recent exterior improvements include new stucco and new 30-year shingles (roof to be completed soon), creating an attractive, professional appearance while helping minimize exterior maintenance. A handicap-accessible ramp provides convenient building access. Additional improvements include a Navien tankless water heater, keypad-controlled front and rear entrances, automatic evening locking at the front entry, illuminated exterior signage, and motion-activated security cameras at both entrances. The property also has an existing sprinkler system and central HVAC system. The landlord currently provides gas, electric, water/sewer/trash service, common-area maintenance, weekly cleaning, snow removal, and main restroom supplies, while tenants provide their own internet and maintain liability insurance. With eight income-producing spaces, (most of which are currently rented) excellent parking, strong visibility, convenient access, and a central location close to area amenities, this property offers a compelling opportunity for an investor or owner-user looking for a versatile commercial asset.
| MLS # | 838359 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| Sub-Type | Resale |
| Status | Active |
| Year | 1949 |
| Days On Site | 66 |
| Listing Provided By | Norris-Phillips Real Estate, LLC | Doug Phillips |
| Bath(s) | 2 Total |
|---|---|
| SQ Feet | 2,132 |
| Story(s) | 2 |
| Units | 8 |
| Zoning | Business |
| Acreage | 0.14 |
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Central Air |
| Heating Yes / No | Yes |
| Heating | Forced Air, Natural Gas |
| Furnished | Unfurnished |
| Roof | Composition |
|---|
| Parking Features | Paved, Parking Spaces |
|---|
| List Aor | Montrose Association Of Realtors |
|---|
| State | CO |
|---|---|
| County | Montrose |
| City | Montrose |
| Zip Code | 81401 |
| Area | Montrose City |
| Listing VS Median (in 81401) | |
Price: $475,000 low | high Med: $471,500 sqft: 2,132 low | high Med: 1,749 $ / sqft: $223 low | high Med: $293 On site: 66 low | high Med: 92 | |
| State | CO |
|---|---|
| County | Montrose |
| City | Montrose |
| Zip Code | 81401 |
| Area | Montrose City |
| Listing VS Median (in 81401) | |
Price: $475,000 low | high Med: $471,500 sqft: 2,132 low | high Med: 1,749 $ / sqft: $223 low | high Med: $293 On site: 66 low | high Med: 92 | |