33 & 35 N. Uncompahgre & 430 N. 1st
Established tenants - great investment in downtown Montrose
Marketing description
Turn-Key Downtown Montrose Investment | 8.1% Cap Rate
33 & 35 N. Uncompahgre Ave. + 430 N. 1st St | Montrose, CO 81401
Offered at $949,500 | Zoned B-1 | Fully Leased | 6.2% 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
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
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