REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 330,000
Est. payment | /mo
0.8 Acres Lot
$ 330,000
Est. payment | /mo
0.8 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Ponderosa Ranch
MLS Listing ID 829146
Tax Year 2025
Lot Size 0.805 Acres
Acres 0.805
Property Sub-Type Multi-Family
Property Description
Development Opportunity – .80 Acre Commercial Lot in Montrose, Colorado...Exceptional opportunity to own nearly an acre of commercial land within walking distance to historic downtown Montrose. This .80-acre parcel offers a rare combination of location, visibility, and flexibility—perfect for a multi-family, mixed-use, or commercial development. The current owner will include architectural plans and renderings for a proposed 12-unit apartment complex, showcasing the full potential of the site and saving the next developer valuable time and resources in the planning process. The property is shovel ready with building permit ready to pick up from the City quickly. Utilities are nearby and the property's B-2 zoning supports a range of residential and commercial uses, making this an ideal investment in Montrose's growing downtown corridor. Enjoy easy access to shops, restaurants, parks, the river walking/bike path—all just a short stroll away. With strong local demand for housing and the City's continued focus on downtown revitalization, this property is perfectly positioned for an impactful new development. (Adjacent .97 acre property also available for $370,000 with architectural plans and renderings for another multi-unit apartment building available as well.)
Location
State CO
County Montrose
Zoning Business
Rooms
Dining Room No
Exterior
Utilities Available Electricity Near, Natural Gas Near
Building
Sewer Sewer Tap Available
Water Public, Tap Available
Schools
Elementary Schools Oak Grove K-5
Middle Schools Columbine 6-8
High Schools Montrose 9-12
Listed by NextHome Virtual
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "