Inactive - Ryan Thompson - Coldwell Banker Distinctive Properties Logo
Price Reduced Listing
$479,888
( $196.27Per Sq Foot )
 $2,576 est/mo Sourced by Back At You

614 N 1st Street,Montrose, CO 81401

Montrose, CO 81401

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Description

DOWNTOWN MIXED-USE BUILDING WITH MANY POSSIBLITIES! Incredible tax break with Opportunity Zone designation! Office, Retail, Residential or Mixed-Use Space: Located just one block off Main Street in Montrose, this versatile B-1 zoned property offers excellent potential for office, retail, or residential use. The building features approximately 2,445 SF on the main level with an additional ~1,000 SF partially finished basement, providing flexibility for expansion or customization. The main floor includes an open lobby, two private offices, two restrooms, storage, and shop space with an overhead door. Alley access adds convenience for deliveries or secondary entry. Situated in an Opportunity Zone, this property may offer valuable tax advantages for investors.

Details

MLS #835558
Listing TypeFor Sale
StyleMixeduse
Sub-TypeResale
StatusActive
Year1966
Days On Site78
Listing Provided ByRenfrow Realty | John Renfrow

Features

Bath(s)2
SQ Feet2,445
BasementY
Story(s)2
Units1
ZoningBusiness,Commercial
Acreage0.07

Interior

Cooling Yes / NoYes
CoolingCentral Air
Heating Yes / NoYes
HeatingForced Air, Natural Gas
FurnishedFurnished

Exterior

RoofMembrane
Foundation DetailsBasement

Parking

Garage Yes / NoYes
Parking FeaturesCommon, Garage, Parking Spaces, Rear Side Off Street, On Street

Utilities

UtilitiesElectricity Connected, Fiber Optic Available, Natural Gas Available, High Speed Internet Available, Sewer Available, Water Available

Other

List AorMontrose Association Of Realtors

Area Information

StateCO
CountyMontrose
CityMontrose
Zip Code81401
AreaMontrose City
Listing VS Median (in 81401)
Price:
$479,888
low | high
Med:
$460,000
54.144300336745% of Average
sqft:
2,445
low | high
Med:
4,030
14.826175869121% of Average
$ / sqft:
$196
low | high
Med:
$114
91.844370799837% of Average
On site:
78
low | high
Med:
60
100% of Average
Sourced by Back At You

Market Activity 81401

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Learn More About This Property

Ryan Thompson

Ryan Thompson

Coldwell Banker Distinctive Prop

RRE-RBS-LIC-81435 (406) 600-6530ryanmontanarealty@gmail.com
StateCO
CountyMontrose
CityMontrose
Zip Code81401
AreaMontrose City
Listing VS Median (in 81401)
Price:
$479,888
low | high
Med:
$460,000
54.144300336745% of Average
sqft:
2,445
low | high
Med:
4,030
14.826175869121% of Average
$ / sqft:
$196
low | high
Med:
$114
91.844370799837% of Average
On site:
78
low | high
Med:
60
100% of Average
Sourced by Back At You
Listing Updated: August 10, 2026 at 5:09:08 PM PDT

Inactive - Ryan Thompson - Coldwell Banker Distinctive Properties