Live/Work/Extra Income Opportunity!
Two blocks from Downtown Area
400 & 410 Townsend Ave., Montrose, CO
Located in the Opportunity Zone, this beautifully
restored two-story building currently houses a business
on the main floor, living quarters on the second floor,
with a detached cottage ideal for an extended family,
business or residential rental or short term rentals.
The possibilities for this property are endless!
Property highlights include:
• Extended 2 1/2 car garage insulated for the main
building (currently used as a shop and laundry)
• Double car port
• Fenced, shared patio
• Private fenced side yard for additional storage,
garden, lawn, etc.
• 2-sided Marque signage allows up to 6 lines on
each side fronting Townsend Avenue
• Corner lot on 4th and Townsend with street parking
on both streets, plus across the street on 4th
Finishes and Upgrades Include:
• Improvements to the Main Building were made in
2013, 2014, 2017, 2018, and 2019
• Main Building has the business on the first floor and
a stunning staircase to the second floor residence
• Upgraded kitchen with refurbished flooring, new
bathroom, soundboard in the bedroom area,
beautifully crafted original molding and doors
• 2 sided covered patio allows for seating, displays, or
relaxation
• The Cottage was totally refurbished in 2017 with
soundboard in all the walls for noise reduction, all
new appliances, flooring, 3 ceiling fans with lights,
plus much more!
Perfect for those who would like to reduce their carbon
footprint! Work and live on your property, walk or bike to
nearby shopping and dining.
Incredible Value at $424,999.00
300 Stafford Lane, Suite 30212
Delta, Colorado 81416
www.GrandMesaRES.com
Lucinda Stanley, CCIM
Broker/Owner
970-201-2152
Information provided is deemed reliable but not guaranteed by the Brokers. It is advised to verify all information and/or obtain professional advice. Price and terms may change without notice.
GRAND MESA REAL ESTATE SERVICES
Jessica Good, Associate Broker
720-771-3402
*Obtained from the Montrose County Tax Assessor’s Records.
Buyer to verify Square Footage.
Building Facts
MLS No. 771669
Parcel Number: 3767-273-47-001
Two Addresses: 400 & 410 S. Townsend Ave.
Montrose, CO 81401
Acreage: .14±
Zoning: B-2 Highway Commercial District
Property Taxes: $2,751.24 in 2019
Utilities: Both Buildings are Individually metered:
2 Water and 2 Sewer Taps by City of
Montrose
1 Gas Meter by Black Hills Energy
2 Electric Meters by DMEA
(Cottage is all electric)
Alarm System: Including 8 cameras by CM Security
Built: 1913
Improvements:
Main Building Composition Roof installed 2008±
2013 & 2014:
• New Kitchen with new wiring (upstairs)
• Master bedroom upstairs - gutted, new
Insulation, sound board, .5” drywall,
paint, and crown molding
• All other rooms have new .25” drywall
over lath and plaster, paint, and crown
molding
• Painted trim throughout main building
• New paint in Embroidery Room
• Slat wall installed in retail areas
2017 - Exterior painted (both buildings)
2019 - Stairwell refurbished
2018 - Car port added
Upstairs - full bath
Downstairs - half bath
Cottage 2017 - Gutted & Totally updated
soundboard in all walls for noise
reduction, updated plumbing & electrical,
laminate wood flooring throughout, full
bath
Heating: Cottage - Electric Baseboard
Main - Natural Gas Radiator
300 Stafford Lane, Suite 30212
Delta, Colorado 81416
www.GrandMesaRES.com
Lucinda Stanley, CCIM
Broker/Owner
970-201-2152
Information provided is deemed reliable but not guaranteed by the Brokers. It is advised to verify all information and/or obtain professional advice. Price and terms may change without notice.
GRAND MESA REAL ESTATE SERVICES
Jessica Good, Associate Broker
720-771-3402
Cooling: Window AC units throughout (4 total)
3 in the Main Building
1 for the Cottage
Square Footage*: • 1,260± SF Showroom/Retail
• 946± SF Upstairs Living
• 682± Detached Cottage
• 563± SF Unfinished Basement
• 580± SF Attached 2-Car Garage
• 230± 1 car garage (for Cottage)
Total Square Footage (main areas)
2,888±
Fencing: Privacy
Ask for a list of Inclusions and Exclusions.
300 Stafford Lane, Suite 30212
Delta, Colorado 81416
www.GrandMesaRES.com
Lucinda Stanley, CCIM
Broker/Owner
970-201-2152
Information provided is deemed reliable but not guaranteed by the Brokers. It is advised to verify all information and/or obtain professional advice. Price and terms may change without notice.
GRAND MESA REAL ESTATE SERVICES
Jessica Good, Associate Broker
720-771-3402
Main Building Upstairs Living
300 Stafford Lane, Suite 30212
Delta, Colorado 81416
www.GrandMesaRES.com
Lucinda Stanley, CCIM
Broker/Owner
970-201-2152
Information provided is deemed reliable but not guaranteed by the Brokers. It is advised to verify all information and/or obtain professional advice. Price and terms may change without notice.
GRAND MESA REAL ESTATE SERVICES
Jessica Good, Associate Broker
720-771-3402
Main Building, Main Level, Garage, and Basement
Cottage
One-Car Garage,
Shared, Covered Patio
300 Stafford Lane, Suite 30212
Delta, Colorado 81416
www.GrandMesaRES.com
Lucinda Stanley, CCIM
Broker/Owner
970-201-2152
Information provided is deemed reliable but not guaranteed by the Brokers. It is advised to verify all information and/or obtain professional advice. Price and terms may change without notice.
GRAND MESA REAL ESTATE SERVICES
Jessica Good, Associate Broker
720-771-3402
Montrose, Colorado
Elevation: 5,807’
Population in 2014: 19,045 (96%urban, 4% rural). Population change since 2000: +54.3%
History of Montrose (as posted by the Montrose Chamber)
The Ute Indians
Originally, Montrose County was home to the Ute Indians, who hunted, fished, and lived off the land of the
Uncompahgre Valley. Chief Ouray and his wife, Chipeta, are two of the best-known names from that era. The Ute
Indians were removed from Montrose County to a reservation in Utah in 1881. The town of Montrose was founded
in 1882, with the county officially established in 1883. Joseph Selig, one of the founders, named the town after the
Duke of Montrose, a character from one of the Sir Walter Scott’s novels.
Early Montrose
Early Montrose was a typical frontier freighting and cow town. At the turn of the century, the settlers of the highly
fertile, semi-arid Uncompahgre Valley explored the formerly inaccessible regions of the Black Canyon of the
Gunnison River. The search for irrigation water was one of the first Bureau of Reclamation projects and resulted in
an astonishing engineering feat, the seven mile Gunnison Tunnel. The tunnel enabled Montrose to become a highly
diversified agricultural area.
Discover Montrose
Montrose is a historic Colorado town on the beautiful Western Slope of the Rocky Mountains, perched in the
perfect spot to serve as your base camp for year-round outdoor adventure. The city made Outdoor Life magazine's
list of "Top 200 Towns for Outdoorsmen" in 2010 because it is surrounded by vast stretches of public lands where
visitors can enjoy a seemingly endless variety of outdoor activities throughout the year.
From spring through fall, lodging in Montrose puts you within minutes of some of Colorado’s prime scenic and
recreational attractions. Visiting neighboring towns includes Ridgway, Ouray and Telluride to the south. Or Delta,
Grand Junction, Cedaredge, Hotchkiss, Crawford and Paonia to the north. As well as Gunnison to the east.
People who have lived in Montrose for a lifetime often delight in discovering new places and activities they never
knew existed – right in their own back yard. Visit the Ute Indian Museum, play golf at one of the fine courses or
attend a production at the Magic Circle Theatre.
Montrose has often been described as the Hub of Western Colorado because it truly is located in the middle of
everything, including an unbelievably vast selection of outdoor and indoor activities. Thus the slogan “Stay here,
play everywhere.”
The Grand Mesa
Well known as the world’s largest flat top mountain, Grand Mesa needs to be at the top of your list of
“places to see.” This mountain has so much to offer everyone, from local residents and travelers of the
Western Slope, to all the magnificent wildlife that depend on the natural resources of the land. It
reaches into the sky at over 11,000 feet, and including the Grand Mesa National Forest, spreads across
564 square miles.
One of the best features it has to offer its admirers is The Grand Mesa National Scenic Byway 65, which
is open year round. You can witness some of the most glorious views from this 63 -mile highway that will
wind you through a perfectly painted picture of Mother Nature at her best. Each of the four seasons
presents its own individual beauty and activities for the true nature lover.
The season of autumn is probably the favorite of most local residents. That’s when the mountainsides
flow with brilliant shades of gold, orange, red and green, straight from Picasso’s palette.
Winter brings a beautiful vision of white and endless pleasure for anyone who likes to play in the snow.
Spring breaks through with its warm sun, and transforms the mountain streams into spectacular water
displays, while quietly melting the blanket of fallen snow.
Then summer arrives with its lovely fields of wildflowers exhibiting every color of the rainbow. The 300+
lakes and reservoirs on the mountain thaw to expose their tranquility as they glisten in the sunshine,
and the doors to approximately 700 miles of amazing trails open wide to those who wish to explore this
grand mesa on more of a one-on-one basis.
The Crag Crest National Recreation Trail is a must for the one who truly wants to experience the
grandeur that the mesa has to offer. Though it is not the most challenging trail on the mountain, it
possesses captivating panoramic views, together with “on top of the world” sensations. This trail alone
can provide scenery that exposes at least 10 million years of the Grand Mesa’s history. Volcanic
action, glaciations, uplift, deposition, and erosion are just some of the geological processes which
created this incredible mountain over the last several hundred million years. The Crag Crest Trail is open
from early June through late September, depending on the snowfall.
For more information on the Grand Mesa, go to www.cedaredgechamber.com
Meet Broker/Owner Lucinda Stanley, CCIM Lucinda Stanley, CCIM, is the principal real estate broker and owner of Grand Mesa
Real Estate Services in Delta, CO. She specializes in land sales and dispositions,
commercial investments and business consulting.
Previously the Senior Vice President of Sales for SAXA, a national developer based in
Scottsdale, Arizona, best known for its office condo projects. She worked closely with
the listing brokers representing SAXA projects, traveling to Dallas, Denver, Scottsdale,
and Las Vegas to coach and train them on marketing and real estate sales.
During her tenure with SAXA, Ms. Stanley was responsible for the sales of approx.
$100M in condo/office sales as well as approx. $75M in land acquisitions and sales.
Prior to her work with SAXA, Ms. Stanley was the broker for Prudential CRES™
(formerly Shea Commercial) in Las Vegas. Prior to her work with Prudential, Ms.
Stanley merged her own company, Certified Commercial Real Estate, with Coldwell
Banker™ Commercial ETN Real Estate Services, where she served as senior vice
president for more than three-and-a-half years.
She started her commercial career in 1984, in Las Vegas. During this period, she
worked with The Ribeiro Corporation, Blake and Associates, and Terra West Realty in
leasing, investment acquisition, and disposition, as well as property management.
Awards & Recognition
• Delta Area Chamber of Commerce recipient of the 2015 Business of the Year Award
• Gregg Corlyn's Most Outstanding Member Award, Certified Commercial Investment Member Chapter, 2006
• Rising Star Award for Outstanding Real Estate Service, Las Vegas Business Press, 2006
• Most influential Woman in Real Estate, In Business Magazine, 2006
Let’s Connect!
@grandmesares
@grandmesares
@GrandMesaRES
@grandmesares
Grand Mesa Real Estate Services
Grand Mesa Real Estate Services
300 Stafford Lane, Suite 30212
Delta, Colorado 81416
www.GrandMesaRES.com
Jessica Good
Associate Broker
720.771.3402
Your Personal Coach in Residential Real Estate.
@tx1019
@coloradowesthomes
@coloradowesthomes
@COWestHomes
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https://www.loopnet.com/Listing/400-S-
Townsend-Ave-Montrose-CO/20166806/