330 S 9th St, Montrose, CO 81401

$475,000
2,132
SqFt

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Listing courtesy of Norris-Phillips Real Estate, LLC.

Property Description

Commercial Investment Property – 8 Rental Units. Excellent opportunity to own a well-positioned commercial property featuring 8 individual rental units, outstanding accessibility, and an unusually generous amount of parking. With front off-street parking, a private rear parking lot, and additional on-street parking, the property offers exceptional convenience for both tenants and their customers. Prominent frontage and dedicated signage further enhance visibility and accessibility. The building is zoned B-2 provides flexibility for a variety of commercial uses. Recent exterior improvements include new stucco and new 30-year shingles (roof to be completed soon), creating an attractive, professional appearance while helping minimize exterior maintenance. A handicap-accessible ramp provides convenient building access. Additional improvements include a Navien tankless water heater, keypad-controlled front and rear entrances, automatic evening locking at the front entry, illuminated exterior signage, and motion-activated security cameras at both entrances. The property also has an existing sprinkler system and central HVAC system. The landlord currently provides gas, electric, water/sewer/trash service, common-area maintenance, weekly cleaning, snow removal, and main restroom supplies, while tenants provide their own internet and maintain liability insurance. With eight income-producing spaces, (most of which are currently rented) excellent parking, strong visibility, convenient access, and a central location close to area amenities, this property offers a compelling opportunity for an investor or owner-user looking for a versatile commercial asset.

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