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PRICE $585,000 dsIDX morgage calculator
SIZE 3,261 sqft
LOT SIZE 24,830 sqft

PROJECTED NOI: $85,800 (AIRDNA) PROJECTED Net Cap Rate 7.2% (AIRDNA) Four (Potential 5) Room Bed & Breakfast Inn in Montrose, Colorado, presents an exceptional investment opportunity, ideal for various ventures such as boutique hotels, Airbnb, lifestyle accommodations, or wedding venues. Once subdivision is complete this property is expected to generate $85,800 in NOI with a projected 7.2% net cap rate (AIRDNA Source). The interior includes a welcoming guest check-in area, four (potentially five) elegantly designed suites, and four well-appointed bathrooms. Cozy fireplaces enhance the ambiance, while five separate entrances provide convenience and privacy. Located within walking distance of local eateries, including a Mexican restaurant and a bar, the property also features a manager's live-in suite complete with a bathroom and kitchen. Guests will appreciate amenities like an outdoor pool, a designated cooking area, and private patios. Ample parking is available, accommodating up to 15 vehicles. New exterior paint in 2025. Situated just minutes from the Montrose Regional Airport, this property is the perfect gateway to the Telluride ski resort, Silverton, and various year-round recreational activities. Its convenient proximity to popular destinations such as Ridgeway, Ouray, Grand Junction, and Durango makes it a prime location that should not be overlooked. Property Facts: "¢ 3,700 Square Feet "¢ 0.57 Acres "¢ Guest Check In Area "¢ Manager Live In Suite (Includes Bathroom & Kitchen) "¢ 4 Suites (Potential 5) "¢ 4 Bathrooms "¢ Fireplaces "¢ 5 Separate Entrances "¢ Private Patios "¢ Exterior Cooking Area "¢ Outdoor Pool "¢ 15 Parking Spaces "¢ Main Street Access & Visibility "¢ Walking Distance to Restaurants "¢ Seller Financing Available Montrose Facts: "¢ Elevation: 5,807 "¢ Population: 21,003 (2022) "¢ Total Area: 18.5 Square Miles "¢ Founded 1882

LAST UPDATED 8/9/2025 YEAR BUILT 1955
COMMUNITY Montrose City COUNTY Montrose
STATUS Active PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA Montrose City
HEAT Forced Air, Natural Gas
LOT 0.57 acre(s)
TAXES 8645
UTILITIES Natural Gas Available
WATER Public
ZONING Business
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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*Estimate only
Listed with Bray Commercial LLC

CREN MLS Logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.

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This data was last updated: 8/22/25 1:53 PM PDT

This IDX solution is (c) Diverse Solutions 2025.


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