33 & 35 Uncompahgre & 430 N 1st Street, Montrose, CO 81401
sale
$949,500
|
Other
Courtesy Of Keller Williams Realty Southwest Associates
Colleen Aller, Keller Williams Realty Southwest Associates, LLC - Montrose, C:,,: Turn-Key Downtown Montrose Investment | 8.1% Cap Rate33 & 35 N. Uncompahgre Ave. + 430 N. 1st St | Montrose, CO 81401Offered at $949,500 | Zoned B-1 | Fully Leased | 8% Cap RateExceptional 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
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Property Features
- MLSID: 824709
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
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