315 N 1st & TBD N 1st

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Property ID : 776177

Active, For Sale $499,888 - Automotive, Commercial, Investment
5000 Sq Ft 2 Bathrooms
 
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Primetime Automotive Shop and Business Opportunity

Thriving Mechanic Business with Real Estate

~Owner Carry Available~

Looking for that perfect mechanic business, building, inventory, and yard space combination? You just found it! The Rainbow Garage has been a successful automotive mechanic business for more than 75 years. Centrally located in the heart of downtown Montrose, and just off its main arterial – Townsend Ave/Hwy 550 with 19,000+ daily vehicles. Montrose is one of the fastest-growing rural communities in Colorado, and the hub of world-class outdoor adventure in every direction. Building features an open shop-space, inviting lobby area with service counter/reception, office and restroom. Bonus vacant lot for extra yard space/storage is securely fenced and gated. Property’s location also designated as an Opportunity Zone by the Treasury Department – delivering incredible tax breaks to new owners. Flexible financing with owner-carry possibility to qualified buyers.

Incredible tax break with Opportunity Zone designation!

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