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33046570
33046562

19911 Highway 550, Montrose, CO 81403 For Sale

JR
CO ER.040036477, CO ER.040036477
Renfrow Realty
Listed by Renfrow Realty
$1,500,000
52 days on market
Updated 11 days ago

19911 Highway 550

Details
APN 3993-233-00-036
Property Type Retail, Office (+1)
Sub Type Flex, Warehouse
Square Footage 4,169
Cap Rate 6.80%
NOI $102,000
Tenancy Vacant
Price per SqFt $360
Year Built 2023
Acreage 4.000
Zoning General Commercial "C"
Investment Type Sale/Leaseback
Ground Lease No

Retail | 6.80% CAP | 4,169 SqFt

Marketing description

The property features a well-equipped ~2,760 sq ft shop, complemented by a ~1,409 sq ft two-story office space that includes five private offices and a welcoming lobby/retail area. Additional improvements include a ~2,311 sq ft partially enclosed canopy—perfect for covered work or storage—and a separate ~1,030 sq ft shop and 2 shipping containers for additional secure storage. Most of the lot has gravel. The site is fully supported with two cranes (½-ton and 2-ton), adding immediate functional value for industrial or service-oriented users. Situated on a generous 4-acre lot, the property provides ample space for equipment, parking, expansion, or outdoor operations. Ownership offers flexibility with the option for a leaseback with a 6.8% CAP rate or full vacancy after closing.

Investment highlights

  • ~2,760 sq ft well-equipped shop
  • ~1,409 sq ft two-story office with 5 private offices + lobby/retail area
  • ~2,311 sq ft partially enclosed canopy (ideal for covered work/storage)
  • ~1,030 sq ft additional shop building with 2 shipping containers for secure storage
  • Two cranes included (½-ton & 2-ton) for added functionality
  • Expansive 4-acre lot with room for equipment, parking, or expansion – most of the log has gravel
  • Flexible ownership: option for leaseback at a 6.8% CAP rate or willing to vacate at closing
  • Frontage Road Access

Listing Contacts

JR
CO ER.040036477, CO ER.040036477
Renfrow Realty
Listed by Renfrow Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$102,000.00
$8,500.00/mo

Valuation Metrics

0
DSCR
6.8%
Cap Rate
6.8%
ROI

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Additional Information

Name
John Renfrow
License
ER.040036477
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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