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3501 Wolverine Drive

Montrose, CO 81401
  • $2,700,000
  • STATUS: Active
  • ON SITE: 922 Days
  • MLS #: 798225
UPDATED: 63 min ago
$2,700,000
  • 0
    BEDS
  • 0.89
    ACRES
  • 0
    BATHS
  • 2
    1/2 BATHS
  • 4,596
    SQFT
  • $587
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2016
County:

School Ratings & Info

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


Description

SOUTH COMMERCIAL CORRIDOR INVESTMENT PROPERTY-REAL ESTATE ONLY: Commercial Retail/Office Building Available in River Landing! 4,596 sq.ft. (MOL) commercial building on .89-acre (MOL) lot, located in the busy S Townsend Ave/S Hwy 550 corridor with 28,000+ vehicles daily. High-quality construction, fire suppression system, HVAC, fiber-wired building on a beautifully landscaped lot. Building has large, picture windows on three sides, sizable showroom, 2 ADA bathrooms and ample size storage area. 23 paved off-street parking spaces. Surrounding businesses include Walmart, Home Depot, Discount Tire, Chilis, Applebees, Camp Robber, Target, Hobby Lobby and Ross. Sale is for Real Estate only, business is not included. Zoned B-2 Highway Commercial in the City of Montrose; this district is intended as a shopping and business center for the City and surrounding area. Building is leased through September of 2027.

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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 2025. 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: 2025-03-25T12:56:57.01.
www.destinationdro.com/homes/133090770
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3501 Wolverine Drive Montrose, CO 81401

  • Price: $2,700,000
  • Status: Active
  • On Site: 922 Days
  • Updated: 63 min ago
  • MLS #: 798225
0
Beds
0
Baths
2
½ Baths
0.89
Acres
4,596
SQFT
$587
$/SQFT
2016
Built
Neighborhood:
Montrose City
County:
Montrose
Area:
Montrose City
Property Description
SOUTH COMMERCIAL CORRIDOR INVESTMENT PROPERTY-REAL ESTATE ONLY: Commercial Retail/Office Building Available in River Landing! 4,596 sq.ft. (MOL) commercial building on .89-acre (MOL) lot, located in the busy S Townsend Ave/S Hwy 550 corridor with 28,000+ vehicles daily. High-quality construction, fire suppression system, HVAC, fiber-wired building on a beautifully landscaped lot. Building has large, picture windows on three sides, sizable showroom, 2 ADA bathrooms and ample size storage area. 23 paved off-street parking spaces. Surrounding businesses include Walmart, Home Depot, Discount Tire, Chilis, Applebees, Camp Robber, Target, Hobby Lobby and Ross. Sale is for Real Estate only, business is not included. Zoned B-2 Highway Commercial in the City of Montrose; this district is intended as a shopping and business center for the City and surrounding area. Building is leased through September of 2027.
Exterior Features

Acreage Range .5-.99 Carport No Lot Dimension 38745 sq ft Parking PavedOff Street20 + Total Spaces Property Attached No Roof Membrane Sewer Public Sewer Installed Stories 1 Street Description 150'+ FrontageCity/TownPavedState Highway Water PublicWater Installed Water Well No Waterfront YN No

Interior Features

Cooling HVAC Cooling Type Forced Air Finished Sq Ft 4550 Flooring CarpetLaminateVinyl Foundation Stemwall Heating Fuel Source Natural Gas Heating System Forced Air Heating System1 HVAC Lighting Fluorescent Main Sq Ft 4550 One Quarter Baths 0 Total Offices 0

Property Features

Available Utilities CableFiber Optics Books Available No Cam Yes Cap Rate Percent 4.15 Covenants YES Current Use Retail StorefrontShowroom Disclosures Covenants Documents On File LeasesLegal DescriptionPlot Plan/Plat/Survey Exchange Trade No Existing Utilities ElectricInternetNatural GasPhoneSanitary SewerWater Fixtures Included No Inventory Included No Landlord Pays Ext Maintenance (Bldg) Lease Included Yes Monthly Cam Charges TBD Monthly Insurance Charges TBD New Construction YN No Owners Association No Possible Property Use Retail StorefrontShowroom Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2024 Tenant Pays Building InsuranceCommon Area MaintenanceElectricGasInterior MaintenanceJanitorialReal Estate TaxesSewer/WaterSnow RemovalTrash Total Electric Meters 1 Total Gas Meters 1 Total Taxes ~29454.08 Total Water Meters 1 Type Retail Water Rights No Zoning Type Commercial

[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 2025. 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: 2025-03-25T12:56:57.01.
 
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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.