Commercial Sale · Active

33 & 35 N Uncompahgre & 430 N. 1st

Montrose, CO 81401

5 Baths · 9,500 Sq Ft

$949,500

Mixed Use

Property Type

0.21 acres

Lot Size

$100

Price per Sq Ft

824709

MLS #

About This Property

Turn-Key Downtown Montrose Investment | 5.92% Cap Rate 33 & 35 N. Uncompahgre Ave. + 430 N. 1st St | Montrose, CO 81401 Offered at $949,500 | Zoned B-1 | Fully Leased | 8% Cap Rate Exceptional opportunity to acquire a fully occupied, cash-flowing commercial property in the heart of historic downtown Montrose. This three-unit portfolio includes two street-facing buildings (33 & 35 N.

Uncompahgre) and a rear-access unit (430 N. 1st), all under long-term leases with established tenants. This corner-lot property is zoned B-1, offering flexibility for retail, office, or mixed-use occupancy in the future. Located within the Opportunity Zone, this asset offers potential tax advantages and long-term upside.

Investment Highlights: - Three fully leased units with strong rental history - 6.2% Cap Rate | Immediate cash flow - Zoned B-1 (Central Business District) - High visibility location with strong pedestrian and vehicle traffic - Located in Montrose’s Opportunity Zone - Individually metered units with private entrances - Low maintenance investment with upside potential

510 days on market

Listed by Colleen Aller · Keller Williams Realty Southwest Associates, LLC - Montrose · 970-596-0870

Last updated: 9/16/2026 10:14 AM · Source: Colorado Real Estate Network (CREN), MLS#: 824709

Property Details

Key Details

Property Type Commercial Sale
Sub Type Mixed Use
Status Active
Price per Sq Ft $100
MLS # 824709
Days on Market 510

More Details

Lot Size (Sq Ft) 9,148
Acres 0.21
Annual Taxes $11
Tax Year 2025
State CO
County Montrose
Zoning Commercial

Interior

Flooring Carpet, Wood

Exterior & Parking

Roof Membrane

Building & Lot

New Construction No

Location

Price History

DateEventPrice
5/28/2025 Listed for sale
Source: Colorado Real Estate Network (CREN) #824709
$949,500 $100/sqft

SOURCE: 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 (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice.

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Listing information last updated September 16, 2026 at 10:14 AM.

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