$325,000
( $82.28Per Sq Foot )
 $1,745 est/mo Sourced by Back At You

33 E Main Street , Cortez, CO 81321

Cortez, CO 81321

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Description

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!

Details

MLS#806009
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusPending
Year1958
Days On Site371
Listing Provided ByStacked Real Estate Professionals | Elecia Bellmire

Features

Bath(s) 1 Total
SQ Feet3,950
BasementY
Story(s)2
Units2
ZoningCommercial
Acreage0.06

Market Activity 81321

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Listings Checked: 2 minutes ago
StateCO
CountyMontezuma
CityCortez
Zip Code81321
AreaCortez
Listing VS Median (in 81321)
Price:
$325,000
low | high
Med:
$376,000
34.307692307692% of Average
SqFt:
3,950
low | high
Med:
1,568
100% of Average
$ / SqFt:
$82
low | high
Med:
$240
100% of Average
On Site:
371
low | high
Med:
13.000000
100% of Average
Sourced by Back At You
Listing Updated: July 16, 2024 at 11:54:50 AM PDT