Commercial Sale · Active
Montrose, CO 81401
6 Baths · 18,325 Sq Ft
$1,375,000
Retail
Property Type
0.22 acres
Lot Size
1929
Year Built
$75
Price per Sq Ft
819021
MLS #
About This Property
A longstanding fixture in the Montrose community, this theater has been in operation for almost 100 years. Now beginning the next phase of its life, this unique building seeks an individual looking to transform the purpose of the building or carry on its longstanding cinematic tradition. While the list price is for real estate only the trade fixtures and business are negotiable. Come explore this one-of-a-kind ~18,325 sq ft building currently boasting 3 screening rooms (84 seats, 168 seats, and a 245-seat penthouse), 3 sets of men’s and women’s restrooms, and a snack bar/retail area.
Zoned B-1 “Central Business” in the city of Montrose, this property additionally features an Opportunity Zone designation, allowing for prospective investors to reap the benefit of substantial tax breaks through deferred capital gains taxes.
725 days on market
Listed by John Renfrow · Renfrow Realty · 970-249-5001
Property Details
| Property Type | Commercial Sale |
| Sub Type | Retail |
| Status | Active |
| Price per Sq Ft | $75 |
| MLS # | 819021 |
| Days on Market | 725 |
| Half Baths | 6 |
| Year Built | 1929 |
| Lot Size (Sq Ft) | 9,583 |
| Acres | 0.22 |
| Annual Taxes | $11 |
| Tax Year | 2025 |
| State | CO |
| County | Montrose |
| Zoning | Business |
| Heating | Forced Air |
| Cooling | Evaporative Cooling |
| Flooring | Carpet, Tile |
| Parking Features | On Street, Off Street, Common, 20 + Total Spaces |
| Roof | Membrane |
| Sewer | Public Sewer |
| Water Source | Public, Water Installed |
| New Construction | No |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 10/25/2024 |
Listed for sale Source: Colorado Real Estate Network (CREN) #819021 |
$1,375,000 $75/sqft |
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