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High-Yield Downtown Cortez Investment Opportunity

1 W 1st St, Cortez, Colorado, 81321-3507

Photos

* FOR SALE

$289,000

MLS: 05099-836302

0.16 Acres

2,610 SqFt

3.0 baths

What You Should Know

  • Commercial Real Estate for Sal

  • Downtown Investment Property

  • Historic Commercial Building

  • Multi-Tenant Income Property

  • Commercial Property Near Main

  • Handicapped Accessible

  • Fence

  • Park

  • Community Activities

  • Storage

  • Gated

  • Patio

  • Handicapped Accessible

  • Parking

Why You'll Love It

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

Where You'll Find It

  • Street Address: 1 W 1st St
  • City: Cortez
  • State: Colorado
  • County: Montezuma

Mindi Clark

Agent

Allison Klein

Agent
See Website