Jamie Moats - Coldwell Banker Distinctive Properties
22 N Uncompahgre Avenue
Montrose, CO 81401

$160,000

Description

Affordable commercial property with a good cap rate! The property is best known for it's two main long time enterprises: Hunter's Barber Shop and The Lions Mane beauty salon. Aside from these two frontal businesses there are 3 other office spaces. Two are currently occupied and there is one available. The rental history is excellent and occupancy runs high. Utilities are not separately metered and are included with the rents. All tenants are on month-to-month agreements and all business-related fixtures and equipment are owned by the tenants.

Details

MLS#728809
Sub-TypeResale
StatusActive
Year1908
Days On Site530

Features

SQ Feet3,000
Story(s)1
Units5
ZoningB1

Market Activity 81401

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Area Information

StateCO
CityMontrose
Zip Code81401
AreaMontrose City
Listing VS Median (in 81401)
Price:
$160,000
low | high
Med:
$229,000
6.875% of Average
SqFt:
3,000
low | high
Med:
0
100% of Average
$ / SqFt:
$53
low | high
Med:
$0
100% of Average
On Site:
530
low | high
Med:
652
81.288343558282% of Average
Listing Updated: 08/13/2018
MLS Number: 728809
Listing Provided By:
Gary Bertorello  of  Montrose Home Land Company



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