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27 S Cascade Avenue

Montrose, CO 81401
  • $1,700,000
  • STATUS: Active
  • ON SITE: 48 Days
  • MLS #: 819021
UPDATED: 39 min ago
$1,700,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 6
    1/2 BATHS
  • 18,325
    SQFT
  • $93
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1929
County:

School Ratings & Info

Listing courtesy of Renfrow Realty: 970-249-5001.


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 mens and womens 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.

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[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2024-12-13T14:56:38.47.
www.destinationdro.com/homes/157181373
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27 S Cascade Avenue Montrose, CO 81401

  • Price: $1,700,000
  • Status: Active
  • On Site: 48 Days
  • Updated: 39 min ago
  • MLS #: 819021
0
Beds
0
Baths
6
½ Baths
0.22
Acres
18,325
SQFT
$93
$/SQFT
1929
Built
Neighborhood:
Montrose City
County:
Montrose
Area:
Montrose City
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 mens and womens 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.
Exterior Features

Acreage Range Less than 1/2 Carport No Lot Dimension .22 ac Parking On StreetOff Street20 + Total SpacesCommon Roof Membrane Sewer Public Sewer Installed Stories 2 Street Description 100'-150' FrontageCity/Town Water PublicWater Installed Water Well No Waterfront YN No

Interior Features

Cooling Forced Air Cooling Type Evaporative Cooler Finished Sq Ft 18325 Flooring CarpetTile Foundation ConcreteSlab Heating Fuel Source Natural Gas Heating System Forced Air Heating System1 Forced Air One Quarter Baths 0 Total Offices 2

Property Features

Available Utilities Fiber Optics Books Available No Cam No Covenants YES Current Use Other Disclosures Deed Restrictions Exchange Trade No Existing Utilities ElectricInternetNatural GasPhoneSanitary SewerWater Fixtures Included No Inventory Included No Lease Included No New Construction YN No Owners Association No Possible Property Use Bar/LoungeLodgingRestaurantRetail StorefrontRetail WarehouseShowroomWarehouse Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2024 Total Electric Meters 1 Total Gas Meters 1 Total Taxes 9405.44 Total Water Meters 1 Type Retail Water Rights No Zoning Type Business

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2024-12-13T14:56:38.47.
 
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Destination DRO Real Estate Group
1163 E 2nd Ave
Durango CO, 81301-5155
Listing courtesy of Renfrow Realty: 970-249-5001.