Property
$949,5000.21 Acres9,500 sq ft
For Sale
For Sale
$949,5000.21 Acres
For Sale
9,500 sq ft

33 & 35 N Uncompahgre & 430 N. 1st Street, Montrose, CO 81401 - Montrose County

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Property ID 24955733

Multi-Use - Montrose, CO

Description

Colleen Aller, Keller Williams Realty Southwest Associates, LLC - Montrose, C: 970-901-7018, , 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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Source:First Street

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Listing provided by
Source: ListHub, MLS# 824709
Listing status: Active
Listing last updated: January 1, 2026 at 2:04 AM
Listing last checked: February 2, 2026 at 6:30 AM
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