$5,500,000

Prime Commercial Development Opportunity on Townsend Avenue! This rare investment in a rapidly growing corridor is the last remaining large Class A commercial development parcel on Townsend Avenue within the City of Montrose. Strategically positioned between S Townsend Ave, Woodgate Road, and East Oak Grove, this high visibility property offers unmatched potential for commercial growth and long term success. As part of a major municipal initiative, the City of Montrose has recently invested approximately $6–7 million in infrastructure improvements surrounding this site including the expansion of Woodgate Road, a brand new roundabout, and upgraded access routes which significantly enhance traffic flow, accessibility, and long-term value. These upgrades make this property strategically set up for commercial success. Spanning a large footprint with the option to subdivide into three additional lots, this site offers flexible development potential. Zoned B-3 (General Commercial District), Lot 1 supports a wide range of business uses. With high traffic counts, frontage on three major roads, and enhanced municipal infrastructure, this location combines convenience, visibility, and investment strength in one unmatched package. Don’t miss your chance to secure this cornerstone property in one of Montrose’s most active and promising development zones. Contact us today to schedule a tour and see how this site and the city's investment in its future can elevate your business vision.