Development Opportunity – .80 Acre Commercial Lot in Montrose, Colorado...Exceptional opportunity to own nearly an acre of commercial land within walking distance to historic downtown Montrose. This .80-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 12-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 .97 acre property also available for $370,000 with architectural plans and renderings for another multi-unit apartment building available as well.)