$1,375,000

27 S Cascade Avenue, Montrose CO, 81401

Price per sqft$75.03

Built in1929

Property size18,325 sqft

Property typeCommercial

Listed by John Renfrow with Renfrow Realty 970-275-4004

Overview

Active

Listed Oct 25, 2024

Updated 3 weeks ago

A longstanding fixture in the Montrose community, this theater has been in operation for almost 100 years. Now beginning the next phase of its life, this unique building seeks an individual looking to transform the purpose of the building or carry on its longstanding cinematic tradition. While the list price is for real estate only the trade fixtures and business are negotiable. Come explore this one-of-a-kind ~18,325 sq ft building currently boasting 3 screening rooms (84 seats, 168 seats, and a 245-seat penthouse), 3 sets of men’s and women’s restrooms, and a snack bar/retail area. Zoned B-1 “Central Business” in the city of Montrose, this property additionally features an Opportunity Zone designation, allowing for prospective investors to reap the benefit of substantial tax breaks through deferred capital gains taxes.

Additional information

MLS^® ID: 819021

Interior Features

Bathrooms: 6
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.22 Acres

Listed by John Renfrow with Renfrow Realty 970-275-4004

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Data last updated on: 9/15/2026