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Prime highway frontage just south of Target in Montrose with majestic mountain views! This is arguably the most beautiful commercial parcel in Montrose and would be suitable for a hotel, retail center, medical offices, a restaurant, etc.! Shovel-ready development. There is a current approved plan and full architectural drawings for an 89 unit senior living project with 9900 square feet of retail/office at the intersection of Hwy 550 and Otter Road. This parcel has high visibility with around 1,300+ feet of highway frontage and approximately 900 feet of Uncompahgre River frontage. The City of Montrose has a river corridor master plan and 2.5 acres of this parcel were deeded to the City to complete the first major section of Riverwalk. This property is zoned B-2, Highway Commercial District. If a supreme commercial location, river frontage, views and easy access is what you are looking for, then here is your property.
| LAST UPDATED | 12/4/2025 | TRACT | None |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | Montrose City |
| COUNTY | Montrose | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| Elementary School | Cottonwood K-5 |
|---|---|
| Jr. High School | Columbine 6-8 |
| High School | Montrose 9-12 |
| ADDITIONAL DETAILS | |
| AREA | Montrose City |
|---|---|
| LOT | 6.69 acre(s) |
| LOT DESCRIPTION | Cleared, Corner Lot, Level, Waterfront |
| SUBDIVISION | None |
| UTILITIES | Natural Gas Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s), River, Valley |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | River Front, Stream |
| ZONING | Business,Commercial |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
Listed with Norris-Phillips Real Estate, LLC
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.
Real Estate listings held by companies other than Real contain that company’s name.
Fair Housing DisclaimerThis data was last updated: 12/7/25 4:23 PM PST
This IDX solution is (c) Diverse Solutions 2025.
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