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$ 570,000
Est. payment | /mo
$ 570,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20255023
Annual Tax Amount $3,219
Lot Dimensions 50 x 125
Property Sub-Type Building
Property Description
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.
Location
State CO
County Montrose
Area Montrose City
Direction From Main and Townsend, go east on Main, left on N Lot Ave, Right on N 1st St, property will be on the left
Building
Lot Description Corner Lot
Others
Virtual Tour https://youtu.be/jcIWCTockkU
Listed by UNITED COUNTRY REAL COLORADO PROPERTIES
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Juli Jacobson
Broker Associate | License ID: FA100047004