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Prime Downtown Montrose Restaurant Property - Turnkey Opportunity for Restaurateurs or Investors Meticulously maintained and thoughtfully updated, this 1308± sq ft restaurant building sits on a double lot in the heart of Downtown Montrose, Colorado. Zoned B4, this property offers exceptional versatility and investment potential. The building features a fully equipped commercial kitchen, indoor dining area, and outdoor patio seating on both the front and side—perfect for Colorado's sunny seasons. Two large outdoor sheds provide ample storage, including one equipped with multiple refrigerators and freezers. There's also plenty of space in the back to park a trailer or expand the footprint for future growth. Currently home to the beloved Lighthouse Eatery, Home of the Famous Green Chili Breakfast Burrito and Homemade Bear Paw Bread, a long-standing Montrose dining favorite for nearly 12 years, this property is ideally situated just steps from Main Street, boutique shops, galleries, and local theaters. It benefits from strong foot traffic, staff parking behind the building, and abundant public parking nearby. With high visibility, a thriving tourism-driven market near the Black Canyon of the Gunnison National Park, and easy access to Montrose's many outdoor venues, this property presents a strategic opportunity for restaurateurs, developers, or investors looking to thrive in Western Colorado's fastest-growing market. Property next door at 1037 is also for sale from same owner, can make a deal for 2 properties. Live in 1 and work in the other. MLS# 829454
| LAST UPDATED | 10/23/2025 | YEAR BUILT | 1946 |
|---|---|---|---|
| COMMUNITY | Montrose City | COUNTY | Montrose |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AREA | Montrose City |
|---|---|
| LOT | 0.28 acre(s) |
| LOT DESCRIPTION | Corner Lot |
| PARKING | On Street |
| TAXES | 3219.04 |
| UTILITIES | Natural Gas Available |
| WATER | Public |
| ZONING | Business |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Real Colorado Properties
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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Fair Housing DisclaimerThis data was last updated: 11/2/25 7:15 PM PST
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