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715 and 725 S 3rd Street

Montrose, CO 81401
  • $1,400,000
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: 797001
UPDATED: 71 min ago
$1,400,000
  • 0
    BEDS
  • 0.57
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 6,981
    SQFT
  • $201
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1909
County:

School Ratings & Info

Listing courtesy of Coldwell Banker Distinctive Properties.


Description

A doctor's office and a 3 BR 2 BA home strategically located 1 block from the hospital. This building has been completely remodeled and is one of the most aesthetically pleasing properties in the core Montrose area. The curb appeal is exceptional! There are 8 exam rooms, 8 offices and additional rooms including lab areas, reception area, break rooms, ultrasound rooms, storage areas and 4 rest rooms. The building is currently subject to a triple net (NNN) lease with the hospital and yields a 6.6% CAP rate. This is a rare opportunity for a medical/dental/midwife or counseling practice wanting to expand, open a satellite office, or move to Montrose. This would be ideal for any kind of professional office. And the residence could easily be rented out or be another office. Don't overlook this opportunity.

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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 2022. 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.
FULL CREN Disclaimer

Real Estate listings held by companies other than The Blackmore Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-08-13T21:56:31.877.
www.homesforsaledurango.com/homes/131884962
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715 and 725 S 3rd Street Montrose, CO 81401

  • Price: $1,400,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 71 min ago
  • MLS #: 797001
0
Beds
4
Baths
0
½ Baths
0.57
Acres
6,981
SQFT
$201
$/SQFT
1909
Built
Neighborhood:
Montrose City
County:
Montrose
Area:
Montrose City
Property Description
A doctor's office and a 3 BR 2 BA home strategically located 1 block from the hospital. This building has been completely remodeled and is one of the most aesthetically pleasing properties in the core Montrose area. The curb appeal is exceptional! There are 8 exam rooms, 8 offices and additional rooms including lab areas, reception area, break rooms, ultrasound rooms, storage areas and 4 rest rooms. The building is currently subject to a triple net (NNN) lease with the hospital and yields a 6.6% CAP rate. This is a rare opportunity for a medical/dental/midwife or counseling practice wanting to expand, open a satellite office, or move to Montrose. This would be ideal for any kind of professional office. And the residence could easily be rented out or be another office. Don't overlook this opportunity.
Exterior Features

Acreage Range .5-.99 Carport Yes Carport Spaces 1 Lot Dimension 200X125 Parking PavedOn StreetOff Street20 + Total Spaces Property Description CornerSprinklers Roof Composition Stories 1 Street Description City/TownPaved150'+ Frontage Water Public Water Well No Waterfront YN No

Interior Features

Basement Sq Ft 1294 Cooling Type Central A/C Finished Sq Ft 6981 Flooring CarpetWood Foundation Basement-Finished Heating Fuel Source Natural Gas Heating System Forced Air Main Sq Ft 6981 One Quarter Baths 0 Total Offices 12+

Property Features

Books Available No Cam No Covenants No Current Use Professional/MedicalLodgingMixed Use Documents On File Aerial PhotosLeasesLegal Description Exchange Trade No Existing Utilities ElectricInternetNatural GasPhoneSanitary SewerWater Fixtures Included No Inventory Included No Landlord Pays Building InsuranceCommon Area MaintenanceElectricExt Maintenance (Bldg)GasInterior MaintenanceJanitorialReal Estate TaxesSewer/WaterSite Maintenance (Prop)Snow RemovalTrash Lease Included Yes New Construction YN No Owners Association No Possible Property Use General OfficeLodgingMixed-UseOtherProfessional/MedicalSpecial Use Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2022 Total Taxes 11279.48 Type Multi-Use W/Res Variable Rate No Water Rights No Zoning Type CommercialMixed UseOfficeOther

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 2022. 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.
FULL CREN Disclaimer

Real Estate listings held by companies other than The Blackmore Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-08-13T21:56:31.877.
 
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The Blackmore Group
842 Main Ave
Durango CO, 81301
Listing courtesy of Coldwell Banker Distinctive Properties.