509 Main StMontrose, CO 81401

For Sale
$1,200,000

14,140 sq ft, 3-unit building, prime location.

Overview

Added:
Feb 3
Days on market:
37
This stunning 1911 Classic Revival-style building, located at 509, 511, and 513 E Main Street in Montrose, Colorado, presents a unique investment opportunity. Spanning 14,140 square feet on a 0.14-acre lot, this mixed-use property boasts a rich history and exceptional architectural details. The building features beautiful cypress wood finishes throughout the upper floors, a breathtaking oculus skylight in the ballroom, and massive south-facing windows in the gallery offering abundant natural light and Main Street views. Significant upgrades have been completed to create a state-of-the-art commercial kitchen, ready for lease upon completion. The lower level currently houses two units with existing leases for two years remaining. The third floor offers a comfortable three-bedroom, one-bathroom apartment with access to both balconies and the rooftop. This property offers a blend of historical charm and modern functionality, making it ideal for a variety of commercial and residential uses. The asking price is $1,200,000. This is a rare chance to own a piece of Montrose history and capitalize on its prime location and versatile space.

Property Details for 509 Main St

Property type
Mixed-use properties, Other mixed-use properties
Square Feet
14,140 SF
Year Built
1911
Lot Size (sq. ft)
6,098 SF

Location Insight

City
Montrose
County
Montrose
State
Colorado
Latitude
38.4806
Longitude
-107.8754
509 Main St, Montrose, Colorado

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509 Main St
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