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$ 475,000
Est. payment | /mo
2 Baths
2,132 SqFt
$ 475,000
Est. payment | /mo
2 Baths
2,132 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 2,132 sqft
Price per Sqft $222
MLS Listing ID 838359
Half Baths 2
Year Built 1949
Tax Year 2025
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Office
Property Description
Commercial Investment Property – 8 Rental Units. Excellent opportunity to own a well-positioned commercial property featuring 8 individual rental units, outstanding accessibility, and an unusually generous amount of parking. With front off-street parking, a private rear parking lot, and additional on-street parking, the property offers exceptional convenience for both tenants and their customers. Prominent frontage and dedicated signage further enhance visibility and accessibility. The building is zoned B-2 provides flexibility for a variety of commercial uses. Recent exterior improvements include new stucco and new 30-year shingles (roof to be completed soon), creating an attractive, professional appearance while helping minimize exterior maintenance. A handicap-accessible ramp provides convenient building access. Additional improvements include a Navien tankless water heater, keypad-controlled front and rear entrances, automatic evening locking at the front entry, illuminated exterior signage, and motion-activated security cameras at both entrances. The property also has an existing sprinkler system and central HVAC system. The landlord currently provides gas, electric, water/sewer/trash service, common-area maintenance, weekly cleaning, snow removal, and main restroom supplies, while tenants provide their own internet and maintain liability insurance. With eight income-producing spaces, (most of which are currently rented) excellent parking, strong visibility, convenient access, and a central location close to area amenities, this property offers a compelling opportunity for an investor or owner-user looking for a versatile commercial asset.
Location
State CO
County Montrose
Interior
Heating Forced Air
Cooling Refrigerated Air
Furnishings Unfurnished
Exterior
Parking Features Paved, 2-10 Total Spaces
Roof Type Composition
Building
Story 2
Sewer Public Sewer Installed
Water Public
New Construction No
Listed by Norris-Phillips Real Estate, LLC
Nearby Locations
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