$9,800,000
 $52,609 est/mo Sourced by Back At You

461 , 489 W Main, Spring Creek Rd & 14750 Marine Rd,Montrose, CO 81403

Montrose, CO 81403

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Description

A rare opportunity to acquire a large-scale, mixed-use development assemblage in Montrose, Colorado. This offering includes four contiguous and nearby properties totaling ~86.8 acres, ideally positioned adjacent to Colorado Outdoors-a premier 164-acre riverfront development. 755 Spring Creek features ~55.2 acres with flexible zoning including B-2, R-3, R-4, and MHR in the City of Montrose, allowing for a wide range of development possibilities. The property includes 19.3 shares of UVWUA irrigation water, a well permit, and is improved with a 2,112 sq. ft. 3-bedroom, 2.5-bath home and horse barn, both currently leased for income. The Uncompahgre River runs along approximately 0.35 miles of the property, providing exceptional natural amenities. 14750 Marine Road consists of ~16.82 acres with B-4 and R-3 zoning within City of Montrose. The property includes 2.5 UVWUA water shares and features a ~696 sq. ft. 1-bedroom, 1-bath home, pasture, ponds, and horse facilities. Improvements are currently leased, offering additional income potential. 461 W Main Street offers ~4.02 acres zoned General Business in Montrose County. The property includes a 1,560 sq. ft. shop and boasts river frontage along the entire east boundary, creating a unique setting for commercial or mixed-use development. 489 W Main Street encompasses ~10.759 acres within the City of Montrose, zoned B-2. The property is improved with 1 duplex, three mobile homes, and a single-family residence, along with 3.0 shares of UVWUA irrigation water and a private well. Existing improvements are currently leased, providing steady cash flow. With diverse zoning across all parcels, this assemblage supports a wide range of development options including retail, restaurants, hospitality, single-family or multi-family residential, and mixed-use concepts. Prime location, strong water rights, existing income, and significant river frontage combine to create a truly exceptional investment and development opportunity. Endless possibilities await in one of Montrose's most dynamic growth corridors.

Details

MLS #835930
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site137
Listing Provided ByRenfrow Realty | John Renfrow

Features

ZoningBusiness,Commercial,Residential
Acreage86.80
Water FrontYes
Property ViewYes

Exterior

Exterior FeaturesPropane Tank Leased
Lot FeaturesAdjacent To Public Land, Other, Level, Rolling Slope, Wetlands

Utilities

UtilitiesCable Available, Electricity Available, Fiber Optic Available, Natural Gas Available, High Speed Internet Available, Propane, Phone Available, Sewer Available, Sewer Connected, Septic Available, Water Available, Water Connected

Other

List AorMontrose Association Of Realtors

Area Information

StateCO
CountyMontrose
CityMontrose
Zip Code81403
AreaMontrose City
Community NameOther
School DistrictMontrose 9-12
Elementary SchoolNorthside K-5
High SchoolMontrose 9-12
Listing VS Median (in Other)
Price:
$9,800,000
low | high
Med:
$560,000
100% of Average
On site:
137
low | high
Med:
173
79.190751445087% of Average
Sourced by Back At You

Market Activity 81403

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Learn More About This Property

StateCO
CountyMontrose
CityMontrose
Zip Code81403
AreaMontrose City
Community NameOther
School DistrictMontrose 9-12
Elementary SchoolNorthside K-5
High SchoolMontrose 9-12
Listing VS Median (in Other)
Price:
$9,800,000
low | high
Med:
$560,000
100% of Average
On site:
137
low | high
Med:
173
79.190751445087% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 8:53:51 PM PDT