Montrose, CO 81401,400 & 410 S Townsend Avenue

$491,000

$529,900

7.3%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 04/25/2022

Key Details

Sold Price $491,000

Property Type Commercial

Sub Type Building

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 20220640

Sold Date 04/25/22

Annual Tax Amount $2,831

Lot Dimensions Irregular

Property Description

Located in the Opportunity Zone area. Beautifully restored 2 story building currently has a business on the main floor with living quarters upstairs. Downstairs used to be a residence as well, could convert back if needed. Upstairs is 1 bedroom 1 bath with kitchen, living area, office/storage. Could create separate entrances for downstairs and upstairs. Attached 2 car garage is currently used as additional shop and storage ,with laundry facility and janitorial sink with access to private/fenced small side yard. Also, another connecting door to shared courtyard with the2nd building/cottage. 2nd building was built in 1984 and totally refurbished in 2017 with soundproofing throughout. Very nice 2 bedroom (or offices) 1 bath, full kitchen and living/dining area. There's a 1 car garage (used as storage) that has a separate entrance for the cottage. Newer carport for 2 vehicles is in front of the 2 car garage. Monument sign facing Townsend allows great signage if you desire to have a business (or more). Combined square footage is 2,888 ±. 2 sided wrap around porch for seating, displays or relaxation are among the many special qualities and features of this property. Many possibilities - commercial with residence; all commercial or all residential for personal use or as an income producing investment. Perfect for those who would like to reduce their carbon foot print. Close to all amenities and only 3 blocks from beautiful downtown Montrose. Ask for the Inclusion and Exclusion lists. Need 30 days post occupancy for main residence and garages to move business and residence out. Will sign post occupancy agreement at $1,000 for the 30 days. Each building has a water tap and sewer tap, electric. Gas to main building only.

Location

State CO

County Montrose

Area Montrose

Direction South on 550/Townsend Ave., 3 blocks past Main Street on West side at SW corner of Townsend and 4th Streets.

Building

Lot Description Corner Lot

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Listed by GRAND MESA REAL ESTATE SERVICES
Bought with GRAND JUNCTION AREA REALTOR ASSOC
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431 Colorado Avenue, Junction, CO, 81501

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