Welcome to this beautifully renovated downtown Montrose gem! Unbeatable access and convenience to schools, shopping, restaurants, parks, etc. Nestled on the first block east of Townsend zoned B-2, this unique property offers exceptional flexibility for residential living, a home-based business, professional office, or a combination of both, creating opportunities that are increasingly difficult to find in today's market at an unbeatable price. Inside, you'll find a thoughtfully updated 3-bedroom, 2-bath home offering the peace of mind of extensive renovations. Durable metal roof, all-new stucco siding, new windows, new flooring, granite countertops, new appliances, new cabinets, and significant drainage and grading corrections, along with numerous additional upgrades that make this property truly move-in ready. Outside, the generous lot provides ample room to add a garage, accessory dwelling unit (ADU) (subject to applicable approvals), or additional outdoor living space, giving you room to grow and expand your investment. Whether you're searching for a charming primary residence, an investment property, or a location that can accommodate your business ambitions, this turnkey property delivers outstanding versatility, value, and convenience. Don't miss this rare opportunity to own a fully renovated property in one of Montrose's sought-after downtown locations.