John Renfrow

$9,800,000

86.8 Acres

Montrose, Colorado, 81403

A rare opportunity to acquire a large-scale, mixed-use development assemblage in Montrose, Colorado. This offering includes four contiguous and nearby properties totaling ~86.8 acres, ideally positioned adjacent to Colorado Outdoors—a premier 164-acre riverfront development. 755 Spring Creek features ~55.2 acres with flexible zoning including B-2, R-3, R-4, and MHR in the City of Montrose, allowing for a wide range of development possibilities. The property includes 19.3 shares of UVWUA irrigation water, a well permit, and is improved with a 2,112 sq. ft. 3-bedroom, 2.5-bath home and horse barn, both currently leased for income. The Uncompahgre River runs along approximately 0.35 miles of the property, providing exceptional natural amenities. 14750 Marine Road consists of ~16.82 acres with B-4 and R-3 zoning within City of Montrose. The property includes 2.5 UVWUA water shares and features a ~696 sq. ft. 1-bedroom, 1-bath home, pasture, ponds, and horse facilities. Improvements are currently leased, offering additional income potential. 461 W Main Street offers ~4.02 acres zoned General Business in Montrose County. The property includes a 1,560 sq. ft. shop and boasts river frontage along the entire east boundary, creating a unique setting for commercial or mixed-use development. 489 W Main Street encompasses ~10.759 acres within the City of Montrose, zoned B-2. The property is improved with 1 duplex, three mobile homes, and a single-family residence, along with 3.0 shares of UVWUA irrigation water and a private well. Existing improvements are currently leased, providing steady cash flow. With diverse zoning across all parcels, this assemblage supports a wide range of development options including retail, restaurants, hospitality, single-family or multi-family residential, and mixed-use concepts. Prime location, strong water rights, existing income, and significant river frontage combine to create a truly exceptional investment and development opportunity. Endless possibilities await in one of Montrose’s most dynamic growth corridors.