2870 N Townsend Avenue, Montrose, CO 81401
2870 N Townsend Avenue, Montrose, CO 81401
2870 N Townsend Avenue, Montrose, CO 81401
2870 N Townsend Avenue, Montrose, CO 81401
2870 N Townsend Avenue, Montrose, CO 81401
2870 N Townsend Avenue, Montrose, CO 81401
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$ 2,850,000
Est. payment | /mo

1 Bath

9,200 SqFt


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$ 2,850,000
Est. payment | /mo
Save

1 Bath

9,200 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 9,200 sqft

Price per Sqft $309

MLS Listing ID 830599

Half Baths 1

Year Built 2004

Tax Year 2025

Lot Size 2.850 Acres

Acres 2.85

Property Sub-Type Other

Property Description

Investment Property - Real Estate for Sale with Lease Back: Large Truck and RV Wash on N Townsend Corridor Situated on a 2.854-acre (MOL) lot, this large ~9,200 sq. ft. Truck, RV, and car wash offers a service unique in the area in a highly desirable location close to the Airport. Featuring three bays capable of handling Semi Trucks, the building also offers a detailing shop, office, reception area, and staging area for all washing pumps and machinery. With high visibility from the highway and ~25,000 daily traffic count, the property epitomizes the desirable N Townsend Ave/N Hwy 50 corridor. The property is zoned B-3 ‘General Commercial' in the City of Montrose. As an owner lease back, the seller is offering a 10-year lease at a 7.0% CAP rate, with four 5-year options and a 12% escalator applied to the base rent at every 5 years. The lease will be Pure Triple-Net, with the seller/tenant covering all costs associated with the building, including all utilities, building insurance, and taxes.

Location

State CO

County Montrose

Interior

Heating susp gas

Flooring Concrete

Furnishings Unfurnished

Exterior

Parking Features Off Street, Gravel, 20 + Total Spaces, In Rear of Building

Garage Spaces 30.0

Utilities Available Electric, Internet, Natural Gas, Sanitary Sewer, Three-phase, Water

Roof Type Metal

Building

Story 1

Foundation Slab

Sewer Public Sewer Installed

Water 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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2870 N Townsend Avenue