846 N 1st Street

Montrose, CO 81401 — Montrose county

Incomes Property  $240,000  Active

2549 sqft    1915 build   

12-06-2019 06:19pm

Property Description

This is an exceptional property with its ability to either be (1)owner/business occupied, plus receive the possible VRBO or Airbnb rental income, or longer term rental income generated by the 2 bedroom/1 bath apartment upstairs, or (2) lease out the entire lower level of the building to others desiring downtown office space that is within walking distance of just about everything... and use the upper level for a VRBO, Airbnb or a longer term tenancy. Lots of possibilities for use and income! The main space is divided into 5 offices, ( or 4 offices with a copy/storage/general work area room), plus a conference room. There is an entry vestibule that opens to a reception/seating area. The reception area has a bay window which makes this area welcoming and light-filled. There are two bathrooms and a kitchen bar area with sink. There are just a lot of ways a work environment could be set up in this building! Most of the windows are vinyl with a couple of the originals still in place. There is one office with original hardwood floors, and because of the era when built, there is a possibility of hardwood floors in other rooms. The apartment upstairs, in addition to the 2 bedrooms, also has a separate/office/ flex area. The grounds are for the most part xeriscaped with trees and old growth lilacs, on a drip system. The heat in the main level is forced air natural gas with central air. The upstairs apartment has a window AC unit and electric baseboard heaters .There is additional storage on the east side of the building accessed by an outside locked door and a shed in the back yard. The B2 Zoning additionally allows all Uses by Right of B1 Zoning. Single family residential, duplexes, and multiple family residences are allowed per zoning regs . This property is waiting for YOUR ideas!

  Listing Details

Property Type
Incomes Property
MLS Originator
CREN (Colorado Real Estate Network)
Last Updated
12-06-2019 06:19pm

  Property Details

Montrose, CO 81401
Year Built


  Property Level and Sizes

SqFt Finished

  Financial Details

  Interior Details

Vinyl, Wood, Carpet
Forced Air
Heating Fuel
Natural Gas

  Exterior Details

Public Sewer Installed

  Room Details

  Garage & Parking

  Exterior Construction


  Land Details

Water Tap Paid (Y/N)


  Walk Score

  Contact Agent

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