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Historic Building Off Main Street

27 N Cascade Ave : Montrose, CO 81401

Montrose County, Colorado

0.06 Acre
$165,000 USD
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Property Description

The building located at 27 North Cascade is the perfect small commercial building to put your investment or 1031 cash. It houses a well known and loved commercial business that's been in this location for decades. However, uses are not limited solely to that specific business. Down the road uses match more logically as a mixed use building-residential, retail, service, professional offices-even a restaurant. As you'll see from the shots, the space is full of equipment for the existing business, but all are removable and can be relocated-revealing an open, beautiful space with oak floors, brick walls and historic tin ceilings. The building has been used for other important purposes over time-including the Montrose Post Office and a bowling alley. The floors are solid and level, and there's good access off Cascade on the front of the building as well as the back. It's located off the hard to park on Main Street, but extremely visible, and there's great parking out front throughout the day as well as additional parking out back. Because it's north of Main Street this building is in what's known as the Opportunity Zone, offering many incentives for parking and and investing cash and realizing this building's potential. Kilbane's Cleaners, which currently leases the building would like to stay and there's a lease in place. That business, along with 25 N. Cascade next door are also for sale, so a purchaser/investor might want to pick up all three. Visit with your agent about what your needs are, and we'll make things work.

More Property Details

COMMERCIALFLIP ID
268922
MLS / Internal / Other ID
05056-78649
Posted on COMMERCIALFLIP
6 Days Ago
Last Updated
6 Days Ago
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