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8.4 cap!!!! Great tenants, Full NNN 36 leases. Prime location in the heart of downtown Montrose! Two separately deeded commercial buildings. 427 Main Street is 2500 sq ft with a partial basement and partially remodeled in 2021, shabby chic style. Main street storefront in the Central Business District. Alley access for unloading and deliveries...Zoned B-1. City just completed extensive downtown upgrades including all new paved streets. 429 Main Street is 2300 sq ft. and some renovation's in 2024 Both units combined is approximately 4,800 sq ft total, plus the basement. Investment opportunity with two NNN leases. Some historic pictures are added to show the interior opened up as one unit. REAL ESTATE ONLY!!
| LAST UPDATED | 1/12/2026 | TRACT | Montrose City |
|---|---|---|---|
| YEAR BUILT | 1900 | COMMUNITY | Montrose City |
| COUNTY | Montrose | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AREA | Montrose City |
|---|---|
| BASEMENT | Unfinished, Yes |
| HEAT | Forced Air, Natural Gas |
| LOT | 4792 sq ft |
| PARKING | Off Street, On Street |
| SUBDIVISION | Montrose City |
| TAXES | 5500 |
| WATER | Public |
| ZONING | Business,Commercial,Office |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Berkshire Hathaway HomeServices 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 2026. 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: 1/20/26 2:43 PM PST
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