$424,900

400 S Townsend

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#765173
Listing TypeFor Sale
StyleIQWeb_Mixed Use
Sub-TypeResale
StatusActive
Year1913
Days On Site41

Features

SQ Feet2,888
Story(s)2
Units2
ZoningCommercial

Market Activity 81401

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Area Information

StateCO
CountyMontrose
CityMontrose
Zip Code81401
AreaMontrose City
Listing VS Median (in 81401)
Price:
$424,900
low | high
Med:
$239,000
93.751470934337% of Average
SqFt:
2,888
low | high
Med:
1,374
100% of Average
$ / SqFt:
$147
low | high
Med:
$174
31.771650697501% of Average
On Site:
41
low | high
Med:
5
100% of Average
Listing Updated: 01/19/2020
MLS Number: 765173
Listing Provided By:
Glenn Gaasche  of  United Country Real Colorado Properties



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