1140 N Townsend

Montrose, CO 81401

$219,888

$1,180 est/mo

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Description

Own Your Own Turn-key Restaurant! Excellent opportunity to own your own business or perfect for an investor. This 1,580 sq.ft. (MOL) remodeled restaurant is on .35 acres (MOL) with prime visibility and amazing traffic. Restaurant is located on busy N Townsend Ave/Hwy 550 and a few blocks away from new Colorado Outdoors 150-acre multi-use river development. Many upgrades throughout the building give it a rustic, country feel. 56 person occupancy with additional outside patio seating. Ample parking. High visibility with 18,000+ daily vehicles. Make your dream come true, own your own restaurant today! The property is Opportunity Zone Designated.

Details

MLS#	741035
Sub-Type	Resale
Status	Pending - Show
Year	1948
Days On Site	387

Features

SQ Feet	1,550
Story(s)	1
Units	1
Zoning	B-3

Market Activity 81401

Date	Sales	Avg $ Per SqFt	Min Sale Price	Max Sale Price	Med Sale Price
Date: Dec 2018	Sales: 1	Avg $ Per SqFt: $213.89	Min Sale Price: $154,000	Max Sale Price: $154,000	Med Sale Price: $154,000
Date: Nov 2018	Sales: 4	Avg $ Per SqFt: $118.29	Min Sale Price: $98,000	Max Sale Price: $260,000	Med Sale Price: $249,831
Date: Oct 2018	Sales: 5	Avg $ Per SqFt: $130.93	Min Sale Price: $161,500	Max Sale Price: $283,000	Med Sale Price: $231,000
Date: Sep 2018	Sales: 4	Avg $ Per SqFt: $134.32	Min Sale Price: $177,500	Max Sale Price: $342,500	Med Sale Price: $219,500
Date: Aug 2018	Sales: 5	Avg $ Per SqFt: $134.77	Min Sale Price: $2,500	Max Sale Price: $443,900	Med Sale Price: $254,900
Date: Jul 2018	Sales: 9	Avg $ Per SqFt: $140.54	Min Sale Price: $126,500	Max Sale Price: $415,000	Med Sale Price: $272,500
Date: Jun 2018	Sales: 15	Avg $ Per SqFt: $153.05	Min Sale Price: $150,000	Max Sale Price: $1,600,000	Med Sale Price: $228,000
Date: May 2018	Sales: 9	Avg $ Per SqFt: $160.93	Min Sale Price: $50,000	Max Sale Price: $409,000	Med Sale Price: $246,000
Date: Apr 2018	Sales: 5	Avg $ Per SqFt: $150.15	Min Sale Price: $173,000	Max Sale Price: $265,000	Med Sale Price: $217,000
Date: Mar 2018	Sales: 2	Avg $ Per SqFt: $151.11	Min Sale Price: $329,000	Max Sale Price: $428,000	Med Sale Price: $378,500
Date: Feb 2018	Sales: 1	Avg $ Per SqFt: $159.65	Min Sale Price: $339,900	Max Sale Price: $339,900	Med Sale Price: $339,900

Dec 2018
Sales:	1
Avg $ Per SqFt:	$213.89
Min Sale Price:	$154,000
Max Sale Price:	$154,000
Med Sale Price:	$154,000
Nov 2018
Sales:	4
Avg $ Per SqFt:	$118.29
Min Sale Price:	$98,000
Max Sale Price:	$260,000
Med Sale Price:	$249,831
Oct 2018
Sales:	5
Avg $ Per SqFt:	$130.93
Min Sale Price:	$161,500
Max Sale Price:	$283,000
Med Sale Price:	$231,000
Sep 2018
Sales:	4
Avg $ Per SqFt:	$134.32
Min Sale Price:	$177,500
Max Sale Price:	$342,500
Med Sale Price:	$219,500
Aug 2018
Sales:	5
Avg $ Per SqFt:	$134.77
Min Sale Price:	$2,500
Max Sale Price:	$443,900
Med Sale Price:	$254,900
Jul 2018
Sales:	9
Avg $ Per SqFt:	$140.54
Min Sale Price:	$126,500
Max Sale Price:	$415,000
Med Sale Price:	$272,500
Jun 2018
Sales:	15
Avg $ Per SqFt:	$153.05
Min Sale Price:	$150,000
Max Sale Price:	$1,600,000
Med Sale Price:	$228,000
May 2018
Sales:	9
Avg $ Per SqFt:	$160.93
Min Sale Price:	$50,000
Max Sale Price:	$409,000
Med Sale Price:	$246,000
Apr 2018
Sales:	5
Avg $ Per SqFt:	$150.15
Min Sale Price:	$173,000
Max Sale Price:	$265,000
Med Sale Price:	$217,000
Mar 2018
Sales:	2
Avg $ Per SqFt:	$151.11
Min Sale Price:	$329,000
Max Sale Price:	$428,000
Med Sale Price:	$378,500
Feb 2018
Sales:	1
Avg $ Per SqFt:	$159.65
Min Sale Price:	$339,900
Max Sale Price:	$339,900
Med Sale Price:	$339,900

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Contact

Learn More About This Property

Vaughn-Clark Group

(970) 234-7355

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Area Information
State	CO
City	Montrose
Zip Code	81401
Area	Montrose City
Listing VS Median (in 81401)
Price: $219,888 low \| high Med: $199,000 59.499381503311% of Average SqFt: 1,550 low \| high Med: 0 100% of Average $ / SqFt: $142 low \| high Med: $0 100% of Average On Site: 387 low \| high Med: 304 100% of Average

Listing Updated: 02/15/2019

MLS Number: 741035
Listing Provided By:
John Renfrow of Renfrow Realty

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2017. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to "limited license" rights. Duplication or reproduction is prohibited.
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Real Estate listings held by companies other than 2104:66 contain that company's name.
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$219,888

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