1665 E Oak Grove Rd, Montrose, CO 81401

Beautiful 9.84 acres with great development potential located approximately 1/4 mile east on E Oak Grove at its intersection with Townsend Avenue. Behind Walgreens and the Penn Center Mall. Potential for Motel, residential, or office park with change of zoning. Adjacent to commercially zoned property. The recent widening of E Oak Grove and the expansion of Hillcrest from Niagara to connect with it, has made passing this property a common occurance for many. According to the City, the widening project also included replacement and upsizing of an aged waterline and undergrounding of overhead power lines. This may be the best located parcel with multiple possible uses currently on the local market. Nice sidewalks stretch the length of this property which boast nice views in every direction. Approximately 8.7 shares of UVWUA. The 1766sf 3 bed, 2 bath home is situated at the southeast corner of the property. Currently in Montrose County. Best possible uses would require annexation to City of Montrose. Current land value is $70,000 an acre.