Active
TBD S Highway 550 & Otter Road
Montrose CO, 81401
$2,745,000
Active
Commercial
Listed by with Norris-Phillips Real Estate, LLC 970-209-6326
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.
816931
MLSⓇ ID
August 9, 2024
Listed
November 22, 2024
Updated
Map
TBD S Highway 550 & Otter Road
Montrose CO, 81401
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
6.69 Acres
Lot Features
Cleared, Corner Lot, Corners Marked, Backs to Greenbelt/Park, Pasture, Level, Wetlands
School Information
High School
Montrose 9-12
Elementary School
Cottonwood K-5
Other Property Details
Area Name
Montrose City
Days on Market
62
Garage
No
View
Yes
View Description
Mountain(s), River, Valley
County
Montrose
Pool
No
Waterfront
Yes
Listing History
Date | Event | Price |
|---|---|---|
10/7/2024 | Active | — |
8/19/2024 | Pending | — |
Listed by with Norris-Phillips Real Estate, LLC 970-209-6326
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Data last updated on: 11/22/2024