27 S Cascade Avenue, Montrose, CO 81401
27 S Cascade Avenue, Montrose, CO 81401
27 S Cascade Avenue, Montrose, CO 81401
27 S Cascade Avenue, Montrose, CO 81401
27 S Cascade Avenue, Montrose, CO 81401
27 S Cascade Avenue, Montrose, CO 81401
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Kelsey Loftis

Kelsey Loftis

+1(970) 784-6768
$ 1,375,000
Est. payment | /mo

6 Baths

18,325 SqFt

Save
$ 1,375,000
Est. payment | /mo
Save

6 Baths

18,325 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 18,325 sqft

Price per Sqft $75

MLS Listing ID 819021

Half Baths 6

Year Built 1929

Tax Year 2025

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Retail

Property Description

A longstanding fixture in the Montrose community, this theater has been in operation for almost 100 years. Now beginning the next phase of its life, this unique building seeks an individual looking to transform the purpose of the building or carry on its longstanding cinematic tradition. While the list price is for real estate only the trade fixtures and business are negotiable. Come explore this one-of-a-kind ~18,325 sq ft building currently boasting 3 screening rooms (84 seats, 168 seats, and a 245-seat penthouse), 3 sets of men's and women's restrooms, and a snack bar/retail area. Zoned B-1 “Central Business” in the city of Montrose, this property additionally features an Opportunity Zone designation, allowing for prospective investors to reap the benefit of substantial tax breaks through deferred capital gains taxes.

Location

State CO

County Montrose

Interior

Heating Forced Air

Cooling Evaporative Cooler

Flooring Carpet, Tile

Furnishings Unfurnished

Exterior

Parking Features On Street, Off Street, 20 + Total Spaces, Common

Utilities Available Electric, Internet, Natural Gas, Phone, Sanitary Sewer, Water

Roof Type Membrane

Building

Story 2

Foundation Concrete, Slab

Sewer Public Sewer Installed

Water Public, Water Installed

New Construction No

Colorado Real Estate Network (CREN) + Sold
Listed by Renfrow Realty

Nearby Locations

Kelsey Loftis

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(970) 784-6768

kelseyloftis@gmail.com

PO Box 7053 Gunnison, CO 81230

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27 S Cascade Avenue