Listing ID798225
Price$2,500,000
Price/SqFt$543.95
StatusActive
Total Baths2
Partial Baths2
SqFt
4,596
Acres
0.890
CountyMontrose
Year Built2016
Property TypeCommercial Income
Property Sub TypeRetail
SOUTH COMMERCIAL CORRIDOR INVESTMENT PROPERTY-REAL ESTATE ONLY: Commercial Retail/Office Building Available in River Landing! 4,596 sq.ft. (MOL) commercial building on .89-acre (MOL) lot, located in the busy S Townsend Ave/S Hwy 550 corridor with 28,000+ vehicles daily. High-quality construction, fire suppression system, HVAC, fiber-wired building on a beautifully landscaped lot. Building has large, picture windows on three sides, sizable showroom, 2 ADA bathrooms and ample size storage area. 23 paved off-street parking spaces. Surrounding businesses include Walmart, Home Depot, Discount Tire, Chili’s, Applebee’s, Camp Robber, Target, Hobby Lobby and Ross. Sale is for Real Estate only, business is not included. Zoned B-2 Highway Commercial in the City of Montrose; this district is intended as a shopping and business center for the City and surrounding area. Building is leased through September of 2027.
County
Montrose
Half Baths
2
Price/SqFt
543.95
Property Sub Type
Retail
Property Type
Commercial Income
Year Built
2016
Zoning
B-2 Highway Commercial
Air Conditioning
HVAC
Cooling
Forced Air
Finished SqFt
4550
Fixtures Included
No
Flooring
Carpet, Laminate, Vinyl
Furnished
Unfurnished
Lighting
Fluorescent
Main SqFt
4550
Number Floors
1
Total Offices
0
Available Utilities
Cable, Fiber Optics
Carport
no
Domestic Water
Public, Water Installed
Foundation
Stemwall
Lot Dimension
38,745 sq ft
Lot Size/Acreage
.5-.99
Parking
Paved, Off Street, 20 + Total Spaces
Property Attached
no
Railroad Siding
No
Roof
Membrane
Security
Security System
Sewer
Public Sewer Installed
Street Description/Access
State Highway, City/Town, Paved, 150'+ Frontage
Water Front
No
Water Well
No
Area
Montrose City
Parcel ID Number
399304255002
Current Property Use
Retail Storefront, Showroom
Disclosures
Covenants
Existing Utilities
Electric, Internet, Natural Gas, Phone, Sanitary Sewer, Water
Internet Provider
Clearnetworx
Internet Service
Yes
Inventory Included
No
Lot Dimension Source
Assessor
New Construction
no
Off Market Status Date
2024-02-28T00:00:00+00:00
Possible Property Use
Retail Storefront, Showroom
SqFt Source
Assessor
Total Number Electric Meters
1
Total Number Gas Meters
1
Total Number Water Meters
1
Units
1
Zoning Other
Commercial
Available For Auction
No
CAM
yes
Cap Rate Percent
4.15
Covenants
yes
Landlord Pays
Ext Maintenance (Bldg)
Lease Included
Yes
Monthly CAM Charges
TBD
Monthly Insurance Charges
TBD
Owners Association
No
Real Estate for Sale
Yes
REO/Lender Owned
no
Sale/Rent
For Sale
Short Sale
no
Special Assessment
no
Tax Account ID
R0023467
Tax Year
2023
Tenant Pays
Building Insurance, Common Area Maintenance, Electric, Gas, Interior Maintenance, Janitorial, Real Estate Taxes, Sewer/Water, Snow Removal, Trash
Terms
1031 Exchange, Assume, Cash, Conventional, Owner Carry
Total Taxes
28,877.36
Water Rights/Irrigation
No
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to "limited license" rights. Duplication or reproduction is prohibited.
Real Estate listings held by companies other than Ridgway Real Estate contain that company's name.
Data last updated on: Thursday, March 28th, 2024.
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Contact - Listing ID 798225
John Meltzer
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