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2870 N Townsend Avenue

Montrose, CO 81401
  • $2,850,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 830599
$2,850,000
  • 0
    BEDS
  • 2.85
    ACRES
  • 0
    BATHS
  • 1
    1/2 BATHS
  • 9,200
    SQFT
  • $310
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2004
County:

School Ratings & Info

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


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.

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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 2026. 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: 2026-01-15T23:56:24.65.
www.destinationdro.com/homes/171582130
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2870 N Townsend Avenue Montrose, CO 81401

  • Price: $2,850,000
  • Status: Active
  • On Site: 20 Days
  • MLS #: 830599
0
Beds
0
Baths
1
½ Baths
2.85
Acres
9,200
SQFT
$310
$/SQFT
2004
Built
Neighborhood:
Montrose City
County:
Montrose
Area:
Montrose City
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.
Exterior Features

Acreage Range 2-4.99 Carport No Construction Metal Lot Dimension 2.85 ac Parking Off StreetGravel20 + Total SpacesIn Rear of Building Parking Spaces 30 Roof Metal Sewer Public Sewer Installed Stories 1 Street Description City/Town100'-150' Frontage Water Water Installed Water Well No Waterfront YN No

Interior Features

Cooling none Finished Sq Ft 9200 Flooring Concrete Foundation Slab Heating Fuel Source Natural Gas Heating System Electric BaseboardOther Heating System1 susp gas Loading Dock No Number Overhead Doors 8 One Quarter Baths 0 Total Offices 1

Property Features

Books Available No Cam No Cap Rate Percent 7 Covenants NO Current Business The Wash Current Use OtherAutomotive Desc Of Business Car Wash Documents On File Plot Plan/Plat/Survey Exchange Trade No Existing Utilities ElectricInternetNatural GasSanitary SewerThree-phaseWater Fixtures Included No Inventory Included No Lease Included Yes New Construction YN No Owners Association No Possible Property Use AutomotiveOffice WarehouseOtherWarehouse Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2025 Tenant Pays Building InsuranceCommon Area MaintenanceElectricExt Maintenance (Bldg)GasInterior MaintenanceJanitorialReal Estate TaxesSewer/WaterSite Maintenance (Prop)Snow RemovalTrash Total Electric Meters 1 Total Gas Meters 1 Total Taxes 25394.68 Total Water Meters 1 Type Other 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 2026. 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: 2026-01-15T23:56:24.65.
 
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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.