$424,900

400 S Townsend #3

Montrose CO, 81401

Description

Income producing commercial property in the Opportunity Zone! This property is a highly sought-after commercial location with multiple use possibilities on Townsend Avenue. A prime corner at 400 S Townsend Ave and includes an income producing rental unit at 410 S Townsend Ave. Both units are in excellent condition and the rental unit has been completely remodeled and is like new condition with all the proper permits. Main building is an excellent office and/or retail space on 1st floor with great visibility, signage and parking. Second level is a spacious and updated apartment. Main building has ample storage and work-space to accommodate any business endeavor with tax advantages available for Opportunity Zone

Details

MLS#3535796
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1918
Days On Site47

Features

SQ Feet2,888
Story(s)0
ZoningCommercial
Acreage0.14

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Area Information

StateCO
CountyMontrose
CityMontrose
Zip Code81401
Listing VS Median (in 81401)
Price:
$424,900
low | high
Med:
$384,600
59.484584608143% of Average
SqFt:
2,888
low | high
Med:
3,635
24.134349030471% of Average
$ / SqFt:
$147
low | high
Med:
$106
78.085689229248% of Average
On Site:
47
low | high
Med:
47
100% of Average
Listing Updated: 12/21/2019
MLS Number: 3535796
Listing Provided By:
R. Omar Richardson  of  Real Colorado Properties