One of Colorado's most exciting and well known projects, the Colorado Outdoors development is a 164-acre revitalization of northern section of Montrose along the famed Uncompahgre River. The master plan is a highly divisible yet flexible campus of high-end commercial, residential and industrial options. The area was recently approved as an Opportunity Zone by the Colorado State Governor's office and the United States Department of the Treasury, allowing for significant investor and business tax credits through the temporary deferral of capital gains. The property is also in a special Tax Increment Financing (TIF) district, allowing for investor / developer cost repayment of civil engineering fees and infrastructure costs such as roads, utilities, landscaping, and parking lots. An estimated $83 million is CURRENTLY UNDER CONSTRUCTION, including site work, infrastructure, improvements, open space and river restoration, with future gold-medal fishing and a world-class trail along the river. The northern section is comprised of hotel and restaurant sites, with retail spanning Grand Avenue along the east end. Modern, quality housing units comprise the southern end, with abundant open space and trail access adjoining the properties. Customize your plot size and location to fit your businesss needs. Each plot is subject to final plat. Water and Sewer Taps are negotiable. High-speed, fiber optic internet is available. Please review the Master Plan map located in Associated Documents for detailed pricing, property type and overall layout.

  • MLS# 739390
  • Sub-Type Resale
  • Status Active
  • Days On Site 373
Acreage 0.50
Water Front Yes
Property View Yes
Listing Provided By:
John Renfrow  of  Renfrow Realty
 
 
 
 
 
 
 
 
 
 
 
this listing $152,460
28.08%
$212,000 in 81401
this listing 373 on site
12,333.33%
3 on site in 81401

Location

State CO
County Montrose
City Montrose
Zip Code 81401
Area Montrose City

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