1047 N 1st Street Montrose, CO $ 570,000
1047 N 1st Street
$ 570,000
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1047 N 1st Street

Montrose, CO, 81401
$ 570,000
Baths0.0

Monthly Estimate*

$ 3,556

Listed by Real Colorado Properties
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Studio

Single Family Home for sale in Montrose, CO

for $570,000.

Prime Downtown Montrose Restaurant Property – Turnkey Opportunity for Restaurateurs or Investors Meticulously maintained and thoughtfully updated, this 1308± sq ft restaurant building sits on a double lot in the heart of Downtown Montrose, Colorado. Zoned B4, this property offers exceptional versatility and investment potential. The building features a fully equipped commercial kitchen, indoor dining area, and outdoor patio seating on both the front and side—perfect for Colorado’s sunny seasons. Two large outdoor sheds provide ample storage, including one equipped with multiple refrigerators and freezers. There’s also plenty of space in the back to park a trailer or expand the footprint for future growth. Currently home to the beloved Lighthouse Eatery, Home of the Famous Green Chili Breakfast Burrito and Homemade Bear Paw Bread, a long-standing Montrose dining favorite for nearly 12 years, this property is ideally situated just steps from Main Street, boutique shops, galleries, and local theaters. It benefits from strong foot traffic, staff parking behind the building, and abundant public parking nearby. With high visibility, a thriving tourism-driven market near the Black Canyon of the Gunnison National Park, and easy access to Montrose’s many outdoor venues, this property presents a strategic opportunity for restaurateurs, developers, or investors looking to thrive in Western Colorado’s fastest-growing market.

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Single Family Active

Price

$ 570,000

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 0

Style

Town/City

Montrose

County/Region

Montrose

MLS | Web ID

9910072

Features
General
Zoning B1
Business Type Restaurant
Business Name Lighthouse Eatery
County Montrose
Property Type Business Opportunity
Status Active
City Montrose
Standard Status Active
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Internal Only
Street Number 1 1047
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* Excluded Features
List By
Real Colorado Properties

Broker

(970) 256-9700

Phone

Affordability Calculator

$3,556
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,556
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/24/2025$570,000 Listed Price

Map


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1047 N 1st Street, Montrose, CO, 81401 is a Single Family Home for sale at $570,000. 1047 N 1st Street is a studio with 0.0 baths. The property's zip code is 81401 which is in Montrose, CO