Commercial and residential property located Downtown Montrose. 1 block from the college, a few blocks from the hospital, and convenient to downtown Montrose shopping and amenities. There are 5 residential rental units currently leased, including the main home (3 bed 2 bath), the upper level apartment from the main home (3 bed 1 bath), two cabins (both 1 bed 1 bath), and a loft apartment on the second level of the commercial businesses (1 bed 1 bath). Two commercial spaces include a salon, currently leased, and a commercial kitchen space including all of the kitchen equipment on site. Upstairs from the kitchen is also a large storage space, and there is an attached 1 car garage. Nestled on .22 acres, this space features a small amount of maintained mature landscaping, and a fenced common area space with East and South entrance gates which houses a fire pit, a covered patio space, porches, and concrete open space.