427 & 429 E Main Street , Montrose, CO 81401
Montrose, CO 81401
Description
8.4 cap!!!! Great tenants, Full NNN 36 month leases. Prime location in the heart of downtown Montrose! Two separately deeded commercial buildings. 427 Main Street is 2500 sq ft with a partial basement and remodeled in 2021, shabby chic style. Main street storefront in the Central Business District. Alley access for unloading and deliveries...Zoned B-1. 429 Main Street is 2300 sq ft. Both units combined is approximately 4,800 sq ft total, plus the basement. Investment opportunity with two 36 month NNN leases. Some historic pictures are added to show the interior opened up as one unit.
Details
| MLS# | 812711 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Building Name | Brown's Shoe Fit |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 176 |
| Listing Provided By | Berkshire Hathaway HomeServices Colorado Properties | Jeff Keehfuss |
Features
| Bath(s) | 3 Total |
|---|---|
| SQ Feet | 4,800 |
| Basement | Y |
| Story(s) | 1 |
| Units | 2 |
| Zoning | Business,Commercial,Office |
| Acreage | 0.11 |
Market Activity 81401
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Learn More About This Property
| State | CO |
|---|---|
| County | Montrose |
| City | Montrose |
| Zip Code | 81401 |
| Area | Montrose City |
| Community Name | Montrose City |
| Listing VS Median (in Montrose City) | |
Price: $549,990 low | high Med: $474,945 SqFt: 4,800 low | high Med: 3,462 $ / SqFt: $115 low | high Med: $151 On Site: 176 low | high Med: 120.000000 | |