1020 S Townsend Avenue, Montrose, CO 81401 | Listings

1020 S Townsend Avenue, Montrose, CO 81401

  • $650,000
  • 3 Partial Baths
  • 2,231 sq ft
  • Year Built: 1964
  • Commercial
  • Listing #800003

Property Description

Prime commercial investment property on Townsend Avenue (Hwy 550) in Montrose, Colorado awaits! This commercial property offers 3 commercial spaces with prime visibility and 8 large off-street parking spaces. Each well appointed, nicely updated unit includes a private bathroom, lobby area and small break room with sinks. This is an excellent space for an end user or a smart buy for an investor looking to work with great tenants in a high visibility area in up-and-coming Montrose, Colorado. Space is flexible and can be easily transitioned into fewer larger office spaces, or used as it sits as three separate units. The space: The entire building is 2,231 square feet all on one level with a private fenced back yard area. The metal roof is low maintenance and long lasting and the grounds are fully landscaped with attractive low maintenance landscaping and an automatic sprinkler system to water the trees and shrubs. The property is zoned B-2 Highway Commercial (offering options for office space or retail, and has an annual average daily traffic (AADT) count of 27,000 vehicles based on traffic data collected from CDOT. Additionally, approximately 160 feet of frontage on Townsend and no median in front of the building offers excellent visibility and ease of access from either side of Townsend.

Listing Details

Price$650,000
Bathrooms3 Partial Baths
Year Built1964
Property TypeCommercial
Listing #800003
StatusActive
Listing TypeFor Sale

Interior Features

Square Feet2,231

Exterior Features

Lot Size0.26 acres

Courtesy of Jessamy Pressler, NextHome Virtual

This content last updated on 2/8/2023 4:36 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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