# 1047 N 1st Street, Montrose, CO 81401

> **TL;DR:** single family, $570,000. Est. $2,470/mo. Listed 169 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $570,000 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 169 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,470 |
| **Total** | **$2,470** |

## Description

### Agent Description
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.

## Location

- **Address:** 1047 N 1st Street, Montrose, CO 81401
- **County:** Montrose
- **Coordinates:** 38.485266, -107.870709
- **Google Maps:** https://www.google.com/maps?q=38.485266,-107.870709

## Listing Agent

- **Name:** Omar Richardson
- **Brokerage:** UNITED COUNTRY REAL COLORADO PROPERTIES
- **Phone:** 7195308441
- **Email:** Omar14er@gmail.com

## Primary Photo

![1047 N 1st Street - Primary Photo](http://lh.rdcpix.com/9b1445d760aa4e6365c657ec0bd77bdbl-f424384186r.jpg)

*42 total photos available on [listing page](https://www.propertysimple.com/listing/1047-n-1st-street-montrose-co-81401-20255023)*

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**MLS#:** 20255023 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Grand Junction Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1047-n-1st-street-montrose-co-81401-20255023)

---

## Structured Data

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