Sold

Closed

33 E Main Street

Cortez CO, 81321

$307,500


$77.85 per sqft

Sold

Closed

1 Bath

3,950 sqft

Commercial

Built in 1958

Courtesy of Stacked Real Estate Professionals with Listing Contact: 970-739-7785 

Welcome to the historic NuWay Western Wear building in the heart of Downtown Cortez's central business district surrounded by shops, restaurants, offices, and other local amenities. This renovated 3,950 sqft building offers an exciting opportunity for entrepreneurs, investors, or business owners looking for a prime location to establish their presence. The main floor offers approximately 2000 sqft of open retail space, providing ample room for displaying products, setting up workstations, or creating an inviting atmosphere for customers. Also on the main floor is a charming 1-bedroom, 1-bathroom living space at the back. Pay your mortgage by renting it out either as a long-term rental or through platforms like VRBO for short-term stays. The finished basement has approximately 850 sqft boasting two office spaces dedicated to handling administrative tasks, meetings, or private workspaces. With plenty of storage space available, you can efficiently manage inventory, supplies or equipment ensuring a well-organized and efficient business operation. Recent upgrades include new insulation and drywall, fresh carpet and pad, as well as vinyl and sealed concrete in the basement, ensuring comfort and durability. The interior has been thoughtfully improved with fresh paint, new baseboards, door frames, and energy-efficient LED lighting to enhance the overall aesthetic and functionality of the space. The property is equipped with three natural gas heaters and evaporative coolers, providing a comfortable environment year-round. One parking space is available at the back of the building, offering convenience for both you or your customers. This building offers a unique chance to be a part of Cortez's rich history while enjoying a well-maintained and updated property benefiting from high foot traffic and excellent visibility, and an ideal spot to attract customers and grow your business. The versatile layout and strategic location make this property a lucrative investment opportunity. Generate income by leasing the retail space or maximize returns by capitalizing on the growing demand for short-term rentals through platforms like VRBO. Call today for a showing!

806009

MLS ID

July 18, 2023

Listed

October 15, 2024

Updated

Map

33 E Main Street
Cortez CO, 81321

Interior Features

Total Stories

2


Total Bathrooms

1


Full Bathrooms

1


Floor Description

Carpet, Concrete, Laminate, Tile, Vinyl, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Evaporative Cooling


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.06 Acres


Roof

Membrane


Sewer

Connected, Public Sewer

Other Property Details

Area Name

Cortez


Taxes

$2,087


Tax Frequency

Annually


Days on Market

340


Garage

No


Parking

Covered, Rear/Side/Off Street, On Street


View

No


County

Montezuma


Water Source

Public, Water Tap Paid


Pool

No

Listing History

Date

Event

Price

8/6/2024

Sold

$307,500

7/12/2024

Pending

6/27/2024

Active

5/13/2024

Pending

12/20/2023

Price change

$325,000

-8%

Exclusive Listing Agents

Courtesy of Stacked Real Estate Professionals with
Listing Contact: 970-739-7785 


SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice. TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This listing information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

WARRANTY: COLORADO REAL ESTATE NETWORK (CREN) MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. COLORADO REAL ESTATE NETWORK SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

©COPYRIGHT (2024) by COLORADO REAL ESTATE NETWORK 121 N Park Avenue, Suite #4, Montrose, CO 81401. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of Colorado Real Estate Network (CREN).


PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.

Real estate listings held by companies other than Stacked Real Estate will feature the respective company’s name.

Data last updated on: 10/15/2024

 

 

Powered byLuxury Presence