Search Pagosa Springs MLS Listings And Properties Throughout SW Colorado
Let’s Put The Area’s Premier Marketing Platform To Work For You
Explore Area Communities and Neighborhoods
View Important Contacts And Information
Get In Touch With Galles Properties
$949,500
9,500
Square feet
0.21
Acres
Turn-Key Downtown Montrose Investment | 8.1% Cap Rate 33 & 35 N. Uncompahgre Ave. + 430 N. 1st St | Montrose, CO 81401 Offered at $949,500 | Zoned B-1 | Fully Leased | 8% Cap Rate Exceptional 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
Listing Office : Keller Williams Realty Southwest Associates, LLC - Montrose
