Development Opportunity – .97 Acre Commercial Lot in Montrose, Colorado...Exceptional opportunity to own nearly an acre of commercial land within walking distance to historic downtown Montrose. This .97-acre parcel offers a rare combination of location, visibility, and flexibility—perfect for a multi-family, mixed-use, or commercial development. The current owner will include architectural plans and renderings for a proposed multi-unit apartment complex, showcasing the full potential of the site and saving the next developer valuable time and resources in the planning process. The property is shovel ready with building permit ready to pick up from the City quickly. Utilities are nearby and the property’s B-2 zoning supports a range of residential and commercial uses, making this an ideal investment in Montrose’s growing downtown corridor. Enjoy easy access to shops, restaurants, parks, the river walking/bike path—all just a short stroll away. With strong local demand for housing and the City’s continued focus on downtown revitalization, this property is perfectly positioned for an impactful new development. (Adjacent .80 acre property also available for $330,000 with architectural plans and renderings for another multi-unit apartment building available as well.)
Sold inner office
$350,000
Lot 4 Bristlecone Drive, Montrose, CO 81401
--beds
--baths
0.97Acres
Unimproved Land
Built in ----
0.97 Acres Lot
$-- Zestimate®
$--/sqft
$1,779 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 21, 2025 at 10:36am
Listed by:
Shawn Carroll 970-258-9300,
NextHome Virtual
Bought with:
Kerri Noonan-Inda, FA100041175
NextHome Virtual
Source: CREN,MLS#: 829147
Facts & features
Property
Features
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.97 Acres
- Features: Cleared, Corner Lot
- Topography: Level
Details
- Parcel number: 376729409004
Utilities & green energy
- Sewer: Sewer Tap Available
- Water: Public, Tap Available
- Utilities for property: Electricity Available, Natural Gas Available
Community & neighborhood
Location
- Region: Montrose
- Subdivision: Ponderosa Ranch
Other
Other facts
- Road surface type: Paved