$2,745,000
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TBD S Highway 550 & Otter Montrose, CO 81401
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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 an...d 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.
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MLS#
816931
Property Type
Land
Lot Size
6.69
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