27
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$2,850,000
Est. payment /mo
1 Bath
9,200 SqFt
New
2870 N Townsend Avenue Montrose, CO 81401
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 9,200 sqft
Price per Sqft $309
MLS Listing ID 830599
Half Baths 1
Year Built 2004
Tax Year 2025
Lot Size 2.850 Acres
Acres 2.85
Property Sub-Type Other
Property Description
Investment Property - Real Estate for Sale with Lease Back: Large Truck and RV Wash on N Townsend Corridor Situated on a 2.854-acre (MOL) lot, this large ~9,200 sq. ft. Truck, RV, and car wash offers a service unique in the area in a highly desirable location close to the Airport. Featuring three bays capable of handling Semi Trucks, the building also offers a detailing shop, office, reception area, and staging area for all washing pumps and machinery. With high visibility from the highway and ~25,000 daily traffic count, the property epitomizes the desirable N Townsend Ave/N Hwy 50 corridor. The property is zoned B-3 ‘General Commercial' in the City of Montrose. As an owner lease back, the seller is offering a 10-year lease at a 7.0% CAP rate, with four 5-year options and a 12% escalator applied to the base rent at every 5 years. The lease will be Pure Triple-Net, with the seller/tenant covering all costs associated with the building, including all utilities, building insurance, and taxes.
Location
State CO
County Montrose
Interior
Heating susp gas
Flooring Concrete
Furnishings Unfurnished
Exterior
Parking Features Off Street, Gravel, 20 + Total Spaces, In Rear of Building
Garage Spaces 30.0
Utilities Available Electric, Internet, Natural Gas, Sanitary Sewer, Three-phase, Water
Roof Type Metal
Building
Story 1
Foundation Slab
Sewer Public Sewer Installed
Water Water Installed
New Construction No
Listed by Renfrow Realty
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