0 Cedar Creek Ave Montrose, CO 81401

Rare opportunity to purchase and build a four-plex or five-plex! Zoned R-4 HIGH DENSITY DISTRICT (A) Intent: The “R-4" High Density District is intended to provide for high density multiple family residences and to allow variable densities. This allows variety in the types of residences. (B) Uses by Right: (1) Single family homes, duplexes, and multiple family residences. (2) Public utility service facilities. (3) Government buildings and facilities. (4) Parks and recreation facilities owned or operated by a homeowner’s association. (5) Places of worship. (6) Accessory uses. (1) “Bed and Breakfast” (2) Child care facilities. Conditional Uses: (1) Skilled nursing and assisted living facilities. (2) Child care facilities. (3) Schools. This is a prime multiplex location in Montrose, Colorado! Just off the HWY 50 bypass north of town, also known as N San Juan Ave, right in the middle of the Sunshine Peak Apartment complex and surrounded by other multi-family units. Located close to the new indoor arena, 1.4 miles from the Mayfly development, 1.3 miles from the Downtown, and 2.1 miles from the Montrose Regional Airport. Also, across the street Lot 2 is also available for purchase. Montrose is growing and with the limited availability in the rental market the time to invest and build.