2267 S Townsend Ave
Montrose, CO 81401

• Unit Size: 22,750 SF
• Condo Use: Retail
• Price: $2,400,000 USD
• Sale Type: Investment
• Price/SF: $105.49 USD

Description

Large retail space in Montrose is currently available on South Townsend Ave. The 22,750 sq.ft. (MOL) space features large retail area, 2 offices, 2 ADA bathrooms, breakroom, loading dock and ample receiving and storage. Building is situated in the city’s major trade corridor with strong area demographics; highly desirable storefront is conveniently located adjacent to South Townsend/Hwy 550. Property currently leased to Office Depot; lease expires Nov 30, 2028, with option to renew 3 additional years. Central in-line space with Harbor Freight and Big 5 Sporting Goods, presents a rare investment opportunity for a destination store in an established retail center. Impressive visibility, signage and traffic count with 25,000+ daily vehicles. Shopping center features 340+ feet of frontage, a pylon sign and 267 parking spaces.  Zoned B-2 in the City of Montrose.

Sale Notes

The largest retail space in Montrose is currently available on South Townsend Ave. The ~22,750 sq.ft. (MOL) space features large retail area, 2 offices, 2 ADA bathrooms, breakroom, loading dock and ample receiving and storage. Building is situated in the city’s major trade corridor with strong area demographics; highly desirable storefront is conveniently located adjacent to S. Townsend/Hwy 550. Property currently leased to Office Depot; lease expires Nov 30, 2028, with option to renew 3 additional years. Central in-line space with Harbor Freight and Big 5 Sporting Goods, presents a rare investment opportunity for a destination store in an established retail center. Impressive visibility, signage and traffic count with 25,000+ daily vehicles. Shopping center features 340+ feet of frontage, a pylon sign and 267 parking spaces. Zoned B-2 in the City of Montrose.