737 S Townsend Avenue

Description

High traffic visibility & endless uses for the sought after B-2 Zoning. Building w/parking lot plus turning lane off of the main street. Located on the main street/highway through Montrose CO, S Townsend Avenue AKA Hwy 550/Hwy 50. Across from the Montrose High School. One of the highest CDOT traffic counts. 13 high steel tube signage frame at front. City allows for much more signage. Currently used as a Professional Office and 2nd entrance serves as a studio apartment, but has also been rented as a commercial space through the years. Now assessed for Commercial Use + Residential this building may be used for the following (+ much more): Commercial or Residential, or Mixed Use as Commercial and Residential combined. Retail stores, business and Professional Offices, and Service Establishments which cater to the general shopping public, plus many more. Refer to the City of Montrose MUNICODE Sec 11-7 under "B-2". First Floor: Current Use: 1) Main Entrance Door #1 - (4) offices plus ADA Bathroom + 2 rooms upstairs 2) 2nd Entrance Door #2 - 2020 Remodel of 500 sq ft (mol) Studio Apartment/Commercial Office. This space also has a fully enclosed exterior deck in back with 6 privacy fence. Space has been rented as Commercial and as Residential. Ideal for Short -Term rental with its own private front & back doors + parking. New electric - breaker box in 2020. Currently rented until 3-31-2025 for $1295./mo. Second Floor - 2 finished rooms/offices currently used as Storage. Owner currently rents (2) 1st floor offices for $1200./month & will rent back to new Owner for @ least 1 year. Full Heated & Cooled Basement: Currently used for Storage-Unfinished. This building has FANG and central A/C, metal roofing, updated vinyl windows, wood floors, alarm system and much more. Sewer line has been partially replaced/repaired in 2020 by Haynes (video available). Furnishings negotiable. Very well maintained structure. Located in the RE-DO District. Great taxes for a commercial building located on South Townsend Avenue. Lots of possibilities.