FOR SALE
$289,000
3.0 baths 2,610 SqFt 0.16 Acres

High-Yield Downtown Cortez Investment Opportunity

1 W 1st St, Cortez, Colorado 81321-3507 | Montezuma County


Property Details

Big opportunities start with the right location. Just one block from Main Street in downtown Cortez, this versatile commercial property is positioned for investors ready to grow their portfolio or entrepreneurs looking to put their vision into motion. With three units across two buildings, existing rental income, a vacant space ready for your next tenant or business, and an impressive 11%+ pro forma cap rate, this property is built for both immediate returns and long-term potential. Add in historic tax incentives, flexible zoning, and recent exterior improvements, and you've found an investment that's ready to work for you.

FOR SALE by Mindi and Allison

Property Features

  • Commercial Real Estate for Sal
  • Downtown Investment Property
  • Historic Commercial Building
  • Multi-Tenant Income Property
  • Commercial Property Near Main
  • Commercial Property
  • Historic Property
  • Investment & Income
Property Amenities
  • Handicapped Accessible
  • Fence
  • Park
  • Community Activities
  • Storage
  • Gated
  • Patio
  • Handicapped Accessible
  • Parking

Property Details

Street Address:

  1 W 1st St

City:

  Cortez

State:

  Colorado

Postal Code:

  81321-3507

Country:

  United States

County:

  Montezuma

Listing ID:

  05099-836302

Courtesy of:

  Blue Sky Homes and Land