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Commercial Land for Sale in Montrose, Colorado

Oxbow Dr, Montrose, CO 81401

$999,999
1.74 acres
Active sale
$200k drop
Est $7,174/mo

Shawn Carroll, NextHome Virtual, O:,,: Tremendous Development Opportunity - Prime 1.7-acre development site in Montrose, Colorado-shovel-ready with a city-approved permit for a 26-unit apartment complex with two main-level commercial spaces. Ideally located across from the Montrose Recreation Center and within walking distance of shops, restaurants, an elementary school, and the bike path. Build where lifestyle meets opportunity in this growing community known for year-round outdoor recreation, milder Colorado weather, and 350+ days of sunshine. Building permit, issued under the 2023 code, must be picked up by February 2026. Don't miss this exceptional investment-call today!

Location

Street address
Oxbow Dr
Zip code
81401
Elevation
5,903 feet
Coordinates
38.4477, -107.8625

Directions

From Main & Townsend, South on Highway 550, Left on Oxbow Drive, Property on the northwest corner of Oxbow Drive and Woodgate

Property details

Acreage
1.736 acres75,620 sq ft
MLS #
CREN 829430
Posted

Details and features

Listing

Type
Land
Franchise
Next Home

Listing history

DateEventPriceChangeSource
Apr 25, 2026Price drop$999,999$200,001 -16.7%NEXTHOME
Oct 23, 2025New listing$1,200,000NEXTHOME
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This 1.736-acre property is located at Oxbow Dr in Montrose, CO 81401. The land is available for sale, priced at $999,999 — $576,036 per acre.

Listed by NextHome Virtual, (970) 258-9300

Checked 2 hours agoUpdated

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