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🏢 Just listed — Storefront Office for sale in Montrose, CO.

📍 614 N 1st St, Montrose, CO
🏷  Storefront Office · For Sale
💰 $500K

Office | 2,445 SqFt

<ul><li>Located within an Opportunity Zone (potential tax advantages)</li><li>Versatile property suited for a wide range of business types</li><li>Prime downtown location just one block off Main Street in Montrose</li><li>B-1 zoning allows for office, ret

Full financials, photos, and broker contact:
https://commrty.com/property/colorado/montrose/614-n-1st-st-2560026-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=614-n-1st-st-2560026

#Montrose #Office #CommercialRealEstate #CRE #Investment

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Home/CO/Montrose

614 N 1st St

Montrose, CO 81401

Asking Price

$500K

Asset Type

Storefront Office

Class

Class B

What's Special

Office | 2,445 SqFt <ul><li>Located within an Opportunity Zone (potential tax advantages)</li><li>Versatile property suited for a wide range of business types</li><li>Prime downtown location just one block off Main Street in Montrose</li><li>B-1 zoning allows for office, retail, or residential use</li><li>Ideal for small business owner or live/work setup</li></ul>

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

16.00%

DSCR

2.70

Strong

Cash-on-Cash

33.56%

Monthly Payment

$2,473.173

Annual Cash Flow

$50,321.923

Location & Travel Times

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