Three-Unit Retail Income
1 W 1st Street 7 W 1st Street Cortez, CO 81321
1 W 1st Street 7 W 1st Street, Cortez, CO, 81321
$289,000
For Sale
$289,000
Two connected buildings with three units, including a vacant space, plus leases through 2027 for other suites.
Property Size2,610 SF
Price / SF$110.73
Days on Market27
Property Features for 1 W 1st Street 7 W 1st Street
General Information
- Standard status
- Active
- Size
- 2,610 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1922
Listing Agency
United Country Blue Sky Homes and Land
(970) 769-0072
Listed by
Mindi Clark
(970) 769-0072
Source
Exitrealty
Added: Jun 25 Updated: Jul 20 at 3:10 am Checked: Jul 20 at 3:10 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Country Blue Sky Homes and Land
Investment Insights
Based on property information with market context.
This for-sale retail income property consists of three units across two buildings, with the main building currently vacant. The main building was most recently leased at $1,850 per month (including the studio), and there is an attached studio currently leased through March 2027 at $700 per month. A separate tanning salon suite is leased through July 2027 at $850 per month.
The 7 W. 1st Street building carries a City of Cortez historic designation. The property was improved with a new roof on the main building completed in April 2025 and fresh exterior paint on both buildings completed as of June 2026. Zoned Neighborhood Commercial, the use offers flexibility for professional, residential, or multifamily use, subject to buyer due diligence. The property is described as located one block off Main Street in downtown Cortez.
The 7 W. 1st Street building carries a City of Cortez historic designation. The property was improved with a new roof on the main building completed in April 2025 and fresh exterior paint on both buildings completed as of June 2026. Zoned Neighborhood Commercial, the use offers flexibility for professional, residential, or multifamily use, subject to buyer due diligence. The property is described as located one block off Main Street in downtown Cortez.
Key Highlights
- 1922 vintage downtown Cortez commercial property: 3 units across two connected buildings (Neighborhood Commercial).
- Vacant main building space was last leased at $1,850/month, offering an immediate value‑add upside.
- Attached studio leased through March 2027 at $700/month; tanning salon leased through July 2027 at $850/month.
Property Analytics
Location Intelligence
Current Use by Public Records
Bethany Demarco
Alternative Medicine Practice
Cortez Family Acupuncture: ...
Medical Clinic
Similar For Sale Nearby
Similar Off Market Nearby
- Acupuncture Therapy Clinic — 28 S Washington St, Cortez, CO 81321
- Mccullough Sherry — Cortez, CO 81321
- Bethany Demarco — 1 W 1st St, Cortez, CO 813213507
- Cortez Holistic Wellness Center — 28 S Washington St, Cortez, CO 81321
- Cortez Family Acupuncture: Andrew Parks, LAc — 1 W 1st St, Cortez, CO 81321
FAQs
What type of property is this?
Spa & wellness property - Two connected buildings with three units, including a vacant space, plus leases through 2027 for other suites.
Where is this spa & wellness property located?
The property is located at 1 W 1st Street 7 W 1st Street Cortez, CO.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 1922 vintage downtown Cortez commercial property: 3 units across two connected buildings (Neighborhood Commercial).; Vacant main building space was last leased at $1,850/month, offering an immediate value‑add upside.; Attached studio leased through March 2027 at $700/month; tanning salon leased through July 2027 at $850/month.
