44 S Grand Avenue, Montrose, Colorado, 81401
This is a rare opportunity to own one of the hallmark commercial buildings in the Western Colorado. This multi-use, multi-tenant brick building is situated on nearly one acre of land at the intersection of Main Street and Grand, offering extreme visibility and accessibility. It's known as the Sampler Square Building, relating back to early days of Montrose and all of Montrose County. Today it's a combination of retail shops, offices, beauty care, a coffee roaster, a restaurant, a chocolate manufacturer, and even one of the coolest live/work spaces in the Montrose area. The building is oriented from north to south along Grand Avenue, which is the rapidly emerging Beltline running from the Colorado Outdoors area on the north edge of town to the commercial shopping areas of Home Depot, Culvers and Target on the south edge of town.
The building has enjoyed the visibility aspects of these improvements, and the whole west side of the building has been beautifully and creatively landscaped and terraced with concrete and other hard surfaces to make well defined parking areas and excellent access into the building. New traffic controls were installed and the street was newly regraded and resurfaced. Traffic counts are impressive! Each and every space is currently leased with excellent tenants-some have been in place for over ten years! Are you looking for a live-work situation? Looking to park some cash? Are you after that perfect property for your 1031 Exchange? Maybe you simply want to have a great investment property that brings in a great 9.5% rate of return Son your money--No matter what--this hallmark building in the core of Montrose is just what you're looking for!