542 East Main Street

Montrose, CO 81401

$425,000
Price
—
Beds
1
1/2 Bath
2,419 Sq. Ft.
$176 / Sq. Ft.
2,419
Sq. Ft.
$176
per Sq. Ft.

Description

Explore this exciting investment opportunity in the heart of Montrose, Colorado. Situated beautifully at the intersection of Park Ave and Main Street, this commercial building offers a prime location with high visibility, easy accessibility, a private parking lot as well as a public lot around back. Zoned B-1, the potential uses for this property are limitless. Enjoy fresh paint inside and out, a stunning modern entryway, forced air heating and cooling, and more. With ample space spanning approximately...Explore this exciting investment opportunity in the heart of Montrose, Colorado. Situated beautifully at the intersection of Park Ave and Main Street, this commercial building offers a prime location with high visibility, easy accessibility, a private parking lot as well as a public lot around back. Zoned B-1, the potential uses for this property are limitless. Enjoy fresh paint inside and out, a stunning modern entryway, forced air heating and cooling, and more. With ample space spanning approximately 2914 (MOL) sq ft, the building features 5 separate rooms, a reception area, a waiting area, a kitchenette, a half bath and a 12 year warranty on the roof! Schedule your showing today and invest in the future of your business!
  1. Listed by Patrice Floyd • Elite Real Estate Partners, LLC
  2. Listed by Troye Floyd • Elite Real Estate Partners, LLC

Property Details for 542 East Main Street

Water Front
No
Zoning
Business
Subdv Name
Other
LISTING UPDATED: 11/10/2024 09:40 AM

Property Details for 542 East Main Street

StatusActive
MLS #813580
Days on Market224
Taxes$6,887 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Multi-Use
Year Built1970
Lot Size0.09 AC / 3,920 SF
CountyMontrose County

Building Information for 542 East Main Street

Stories-Residences1Year Built1970Lot Size0.09 AC / 3,920 SF

Property Information for 542 East Main Street

Summary
Location and General Information
  • Directions: Head East on Main Street from Townsend. The building sits on the South corner of Main and Park.
Owner
  • Owner Name: Bates
Parking
  • Carport Y/N: No
  • Parking Spaces: 6
  • PARKING: Paved, On Street, 2-10 Total Spaces, Other
Taxes and HOA Information
  • Tax Account ID: 001005
  • Tax Year: 2023
  • Total Taxes $: 6887.20
Property
Property and Assessments
  • FIPS Code: 08085
  • Legal/Lot Block: Subd: MONTROSE TOWN OF Block: 64 Lot: 1 AND:- Lot: 2 EXCEPT ALL THAT PART OF SAID LOTS 1 & 2 DESC AS BEG AT THE SE CORNER LOT 1 TH SOUTH ALONG SOUTH LINE OF LOTS 1 & 2 TO THE SW CORNER OF LOT 2 TH ALONG THE WEST LINE OF LOT 2 50FT TO A POINT TH EAST ALONG LINE PARARELL WITH SOUTH LINE OF SAID LOTS TO POINT ON EAST LINE LOT 1 TH ALONG EAST LINE LOT 1 TO POB S: 27 T: 49 R: 9
  • Photo Count: 25
  • New Construction Y/N: No
  • Covenants Y/N: NO
  • Board Name: MONTROSE ASSOCIATION OF REALTORS
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Current Property Use: Retail Storefront, Other, Service
  • Possible Property Use: Other, Professional/Medical, Retail Storefront
  • Lot Dimension: 3750
  • Parcel ID #: 3.76727329001E11
  • SqFt Source: assessor
  • Property Description: Corner
Utilities
  • Internet Service Y/N: Yes
  • Internet Provider: Elevate
  • DOMESTIC WATER: Public
  • Total # Water Meters: 1
  • Total # Gas Meters: 1
  • Total # Electric Meters: 1
  • Water Well: No
Multi Family
Multi-Family Information
  • # of Units: 1
Interior and Exterior Features
Room Information
  • 1/2 Baths: 1
  • 3/4 Baths: 0
  • 1/4 Baths: 0
  • Total Baths: 1.00
Interior Features
  • Furnished: Unfurnished
  • Main SF: 2419
  • Office SF: 2419
  • Florring: Carpet, Tile, Vinyl
  • Foundation: Slab
  • Heating Fuel/Source: Natural Gas
  • Cooling: Forced Air
  • Heating System: Forced Air
  • A/C: forced air
  • Ceiling Height: 10ft
Exterior Features
  • Roof: Built Up
Rental
Rental Information
  • CAM Y/N: No
  • Monthly Insurance Charges: 141.25

Property History for 542 East Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 542 East Main Street

Taxable ValueLand$12,280Additions$101,630Total$113,910
Tax Record2023$6,887 ($574 / month)
Home Facts
Total Finished SqFt2,419 SqFtAbove Grade Finished SqFt2,419 SqFtStories1Lot Size3,750 SqFtStyleOffice BuildingYear Built1970CountyMONTROSEAPN3767-273-29-001

Schools near 542 East Main Street

This home is within Montrose County Re-1j School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Pomona Elementary School
PublicK to 5

Centennial Middle School
Public6 to 8

Montrose High School
Public9 to 12

Peak Virtual Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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542 East Main Street is a mixed use property for sale in Montrose, CO 81401. This property was listed for sale on May 14, 2024 by Elite Real Estate Partners, LLC, it's currently listed at $425,000. It has been on the market for a total of 224 days and was last sold on September 25, 2020. This listing's school district is Montrose County Re-1j School District. Nearby schools include Pomona Elementary School, Centennial Middle School and Montrose High School. 542 East Main Street is a 0-bed, 0.5-bath, 2,419 sqft mixed use property built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Elite Real Estate Partners, LLC, Patrice Floyd; Elite Real Estate Partners, LLC, Troye Floyd

Based on information from one of the following Multiple Listing Services: CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.