6.7 Acres of Commercial Land for Sale in Montrose, Colorado

S Highway 550 & Otter Rd, Montrose, CO 81401

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$2,795,000
6.69 acres
Active sale agoEst $27,403/mo

Mandy N Norris-Snell, Norris-Snell Real Estate, LLC, C: 970-209-6326, mandy@norris-snell.com, http://www.norris-snell.com: Prime highway frontage just south of Target in Montrose with majestic mountain views! This is arguably the most beautiful commercial parcel in Montrose and would be suitable for a hotel, retail center, medical offices, a restaurant, etc.! Shovel-ready development. There is a current approved plan and full architectural drawings for an 89 unit senior living project with 9900 square feet of retail/office at the intersection of Hwy 550 and Otter Road. This parcel has high visibility with around 1,300+ feet of highway frontage and approximately 900 feet of Uncompahgre River frontage. The City of Montrose has a river corridor master plan and 2.5 acres of this parcel were deeded to the City to complete the first major section of Riverwalk. This property is zoned B-2, Highway Commercial District. If a supreme commercial location, river frontage, views and easy access is what you are looking for, then here is your property.

Property details

MLS Number
CREN 808735
Date Listed

This 6.69-acre property is located at S Highway 550 & Otter Rd in Montrose, CO 81401. The property is currently available for sale for $2,795,000 with a price per acre of $417,788. Listing data is sourced from Colorado Real Estate Network Inc. # 808735.

Verify sale details at the property source or contact Norris-Snell Real Estate at (970) 209-6326.

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Listing checked and updated . Parcel data by Regrid.

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