Active

318 E Main St

Cortez CO, 81323

$335,000


$291.81 per sqft

Active

2 Beds

1 Bath

1,148 sqft

Residential

Built in 1933

Courtesy of Berkshire Hathaway HomeServices Colorado Properties with Listing Contact: 970-759-4079 

**Prime Investment Opportunity with Residential or Mixed-Use Potential in the Heart of Cortez, Colorado!** Unlock the potential of this fully renovated property on Main Street, offering a versatile setup with the possibility two studios upstairs and two studios downstairs. Formerly housing four apartments, this property is primed for residential, mixed-use, or a combination of both. Envision retaining the charm of the coffee shop below while transforming the upstairs into income-generating Airbnb units--or fully convert the property into a residential haven. The property has undergone extensive upgrades, including new electrical, plumbing, drywall, flooring, fresh paint, a modernized bathroom, updated doors, and enhanced lighting. It also has 2 sewer taps. These thoughtful renovations create a turnkey investment with endless possibilities. With ample parking, including ten spaces in the rear and additional spots out front, the property ensures convenience for residents, tenants, and customers alike. Its prime Main Street location guarantees high visibility and traffic, making it ideal for mixed-use purposes or as a residential rental property. Whether you choose to maintain the coffeehouse, lease the studios for long-term tenants, or capitalize on short-term rental opportunities, this property offers the flexibility to align with your vision. The combination of location, upgrades, and versatile layout makes this an exceptional investment opportunity. Schedule a viewing today to explore how you can transform this space into a thriving residential or mixed-use development and secure your place in Cortez's vibrant Main Street scene!

819859

MLS ID

December 10, 2024

Listed

December 13, 2024

Updated

Map

318 E Main St
Cortez CO, 81323

Interior Features

Total Stories

2


Bedrooms

2


Total Bathrooms

1


Quarter Bathrooms

1


Floor Description

Tile


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas, Other

Exterior/Building Features

Lot Size

0.15 Acres


Roof

Metal


Sewer

Public Sewer

School Information

High School

Montezuma-Cortez 9-12


Elementary School

Manaugh K-5

Other Property Details

Area Name

Cortez


Taxes

$2,886


Tax Frequency

Annually


Days on Market

3


Garage

No


View

No


County

Montezuma


Water Source

Public


Pool

No

Courtesy of Berkshire Hathaway HomeServices Colorado Properties with
Listing Contact: 970-759-4079 


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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.

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Data last updated on: 12/13/2024

 

 

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