310 Main StCortez, CO 81321

Property Details for 310 Main St

Year built

1920

Lot size

0.15 AC

Property size (Sq ft)

5,035 SF

Zone code

CBD

Property type

Industrial properties

Property subtype

Other warehouses

APN

561126125010

APU

561126125010

Description

This exceptional 6,500 square foot commercial building, situated on a 0.15-acre lot at 310 E Main Street in Cortez, Colorado, presents a compelling investment opportunity. Currently leased, the property offers a strong, consistent income stream. The existing lease, transferable to the buyer at closing, guarantees monthly rental income of $11,344.00 through the remainder of 2025, increasing to $11,684.31 per month starting January 16, 2026. The lease concludes on May 1, 2026, with the tenant responsible for all payments during the lease term. The building boasts a prime Main Street location, ideal for a variety of commercial uses. Significant upgrades have been implemented throughout the years, including a complete electrical and wiring overhaul in 2014, along with new plumbing and a new roof. The property also features convenient gravel parking at the rear. A fully equipped kitchen with appliances is included, adding to the versatility of the space. The asking price for this well-maintained, income-producing property is $550,000. This is a rare chance to acquire a valuable asset in a desirable location with a proven rental history. The rental agreement is available for review upon request.

• Alternative Use

  Use

  Valuation

  Residential

  $1,059,123

  Hospitality

  $970,151

  Educational

  $807,154

  Medical

  $834,914

  Retail

  $1,255,574

Location Insight

City

Cortez

County

Montezuma

State

Colorado

Latitude

37.349

Longitude

-108.581

Property Tax & Assessments

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