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27 S Cascade Avenue, Montrose, CO 81401

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Listing Type
Commercial/Industrial
Listing Status
active
28
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Transportation
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$1,450,000

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Home Details for 27 S Cascade Avenue
Price
$1,450,000
Type
Commercial/Industrial
Half Bathrooms
6
Year Build
1929
Sq. Ft.
18325
Lot Size
0.22
County
Montrose
Basement
Concrete
Tax
$9,405.44
MLS®️ Listing#
819021
On exitrealty.com
312 days
Property Description
A longstanding fixture in the Montrose community, this theater has been in operation for almost 100 years. Now beginning the next phase of its life, this unique building seeks an individual looking to transform the purpose of the building or carry on its longstanding cinematic tradition. While the list price is for real estate only the trade fixtures and business are negotiable. Come explore this one-of-a-kind ~18,325 sq ft building currently boasting 3 screening rooms (84 seats, 168 seats, and a 245-seat penthouse), 3 sets of men’s and women’s restrooms, and a snack bar/retail area. Zoned B-1 “Central Business” in the city of Montrose, this property additionally features an Opportunity Zone designation, allowing for prospective investors to reap the benefit of substantial tax breaks through deferred capital gains taxes.
Property Features
Listing Courtesy: Renfrow Realty
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Date Last Updated 2025-08-12 16:46:20
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$1,450,000

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