1 W 1st St - Office FOR SALE


Cortez, CO 81321
$289,000 USD
816-420-6293
1 W 1st St, Cortez, CO for Sale
$289,000 USD
Office - FOR SALE
1/15
null | Request Cap Rate

1 W 1st St
Cortez, CO 81321


OVERVIEW

This prime commercial property in downtown Cortez offers an excellent investment opportunity, located just one block off Main Street. The property features three units: the main building, currently used for professional/office services, includes an attached studio and will be vacant by May 1, 2025. The second building operates as a tanning salon with a lease in place through July 2026. Zoned as neighborhood commercial, the property presents potential for residential or multifamily housing development, subject to buyer due diligence. This versatile space is ideal for entrepreneurs or developers looking to capitalize on its central location and future possibilities. Listing ID: 05099-822075

FOR SALE DETAILS

PRICE

$289,000 USD

PRICE/SF

$135 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Prime Commercial Property in Downtown Cortez

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1922

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

R009660

ASK ABOUT THIS PROPERTY

Jeb BrantnerUnited Country Real EstateMore Info
816-420-6293

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Jeb BrantnerUnited Country Real EstateMore Info
816-420-6293

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.