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Listed price in listed location currency (USD).
$570,000

025

MLS® 829446

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size 1308 sqft
Garage No
HOA Fees 
Taxes $3,219
Days Active 5
Approx. Age 1946
Avg. Price Per Sqft $435
MLS® Number 829446

Property Address: 1047 N 1st St, Montrose, CO, 81401-3713

Average square foot calculated using Size range provided by listing agent.

Description

Prime Downtown Montrose Restaurant Property – Turnkey Opportunity for Restaurateurs or Investors Meticulously maintained and thoughtfully updated, this 1308± sq ft restaurant building sits on a double lot in the heart of Downtown Montrose, Colorado. Zoned B4, this property offers exceptional versatility and investment potential. The building features a fully equipped commercial kitchen, indoor dining area, and outdoor patio seating on both the front and side—perfect for Colorado’s sunny seasons. Two large outdoor sheds provide ample storage, including one equipped with multiple refrigerators and freezers. There’s also plenty of space in the back to park a trailer or expand the footprint for future growth. Currently home to the beloved Lighthouse Eatery, Home of the Famous Green Chili Breakfast Burrito and Homemade Bear Paw Bread, a long-standing Montrose dining favorite for nearly 12 years, this property is ideally situated just steps from Main Street, boutique shops, galleries, and local theaters. It benefits from strong foot traffic, staff parking behind the building, and abundant public parking nearby. With high visibility, a thriving tourism-driven market near the Black Canyon of the Gunnison National Park, and easy access to Montrose’s many outdoor venues, this property presents a strategic opportunity for restaurateurs, developers, or investors looking to thrive in Western Colorado’s fastest-growing market. Property next door at 1037 is also for sale from same owner, can make a deal for 2 properties. Live in 1 and work in the other. MLS# 829454
MLS® Number829446
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1946
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Fixtures

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 23, 2025List Date
$570,000List Price
  • Commute

Commute

Starting Address
Destination Address
1047 N 1 St St, Montrose, CO

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