841 N Grand Ave Montrose, CO 81401
Estimated payment $11,475/month
Total Views
5,348
3
Beds
1
Bath
1,092
Sq Ft
$1,808
Price per Sq Ft
Highlights
- River Front
- Adjacent to Greenbelt
- Corner Lot
- Creek or Stream View
- Ranch Style House
- Eat-In Kitchen
About This Home
Presenting a prime commercial property at 841 N Grand Avenue in Montrose, Colorado. This 3.12-acre lot is strategically located at the southwest corner of the 9th Street roundabout on Grand Avenue, offering high visibility and accessibility. The property is zoned I-1 (Industrial), providing flexibility for various commercial and industrial uses. A key feature of this property is its frontage along the Uncompahgre River and the adjacent bike trail, enhancing its appeal for businesses seeking a scenic and accessible location. The lot currently includes a 1,092 sq ft residential structure built in 1973, configured as a 3-bedroom, 2-bathroom rental. The residence is occupied by a tenant on a month-to-month lease, offering potential rental income or the opportunity for redevelopment. Listed at $1,973,813, this property represents a unique investment opportunity in a growing area. The combination of substantial acreage, riverfront access, and versatile zoning makes it suitable for a range of commercial ventures.
Listing Agent
Keller Williams Realty Southwest Associates, LLC - Montrose Listed on: 01/14/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,439
Year Built
- Built in 1973
Lot Details
- 3.12 Acre Lot
- River Front
- Adjacent to Greenbelt
- Open Space
- Partially Fenced Property
- Corner Lot
- Irrigation
- Property is zoned Mixed-Use
HOA Fees
- $17 Monthly HOA Fees
Property Views
- Creek or Stream
- Mountain
- Valley
Home Design
- Ranch Style House
- Composition Roof
- Siding
- Stick Built Home
Interior Spaces
- 1,092 Sq Ft Home
- Double Pane Windows
- Vinyl Clad Windows
- Crawl Space
Kitchen
- Eat-In Kitchen
- Oven or Range
- Dishwasher
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Shed
Schools
- Northside K-5 Elementary School
- Centennial 6-8 Middle School
- Montrose 9-12 High School
Utilities
- Window Unit Cooling System
- Hot Water Baseboard Heater
- Heating System Uses Natural Gas
- Internet Available
- Phone Available
- Cable TV Available
Community Details
- Colorado Outdoors Owner's Association
- Property is near a preserve or public land
Listing and Financial Details
- Assessor Parcel Number 376728242001
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,828 | $122,480 | $111,910 | $10,570 |
| 2023 | $8,828 | $130,880 | $119,580 | $11,300 |
| 2022 | $4,523 | $64,810 | $55,170 | $9,640 |
| 2021 | $4,659 | $66,680 | $56,760 | $9,920 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/24/2025 02/24/25 | Pending | -- | -- | -- |
| 01/14/2025 01/14/25 | For Sale | $1,973,813 | +1099.9% | $1,808 / Sq Ft |
| 06/29/2016 06/29/16 | Sold | $164,500 | -- | $151 / Sq Ft |
| 05/11/2016 05/11/16 | Pending | -- | -- | -- |
Source: Colorado Real Estate Network (CREN)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $164,500 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $100,310 | New Conventional | |
| Previous Owner | $31,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in Montrose, CO
Source: Colorado Real Estate Network (CREN)
MLS Number: 820483
APN: R0024903
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