Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    27 Broadway Cortez, CO 81321

    Sponsored
    For Sale
    $549,000

    High-Visibility Commercial Garage & Office Space

    Property size:
    9,715 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional Cortez, CO commercial property, located at 27 S BROADWAY, presents a unique investment opportunity. The 9,715 square foot mixed-use building sits on a 0.73-acre lot at the high-traffic intersection of Highways 491 and 160, providing maximum visibility adjacent to Keesee Motor Company. The property features a well-maintained service garage with eight bay doors, a recently remodeled reception area, and extensive warehouse space. Ample parking is available in a fully fenced lot. The interior includes a professionally maintained epoxy-coated floor, administrative offices, and updated restrooms. The exterior has been recently improved with partial stucco and fresh paint. Additional features include excellent highway signage, a car lift, and a shop with a half bathroom. The functional layout allows for potential co-occupancy, offering both owner-user space and income-generating tenant space. Currently vacant, this property is ready for immediate occupancy. Detailed space allocation is available in the associated documents. This is a prime location for a variety of commercial uses. The asking price is $549,000.

    Property Features for 27 Broadway

    General Information

    Property type
    Mixed-use properties
    Square Feet
    9,715 SF
    Lot Size
    31,799 SF

    Building Details

    Year Built
    1961
    Property Profile Location Intelligence

    Current Use by Public Records

    Care Automotive Services Auto Repair Shop True Grit Concrete ... Floor Sanding And Polishing Service H&R's Main Interlock ... Storage Facility AUTO PRO Auto Repair Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cortez
    County
    Montezuma
    State
    Colorado
    Longitude
    -108.5949
    Latitude
    37.34733

    Nearby Similar for Sale

    • $490,000
      6.33 Acres

      Versatile Property with Tiny Home

      6.33-acre property with tiny home, RV spots, and commercial potential.
      6493 Road 23.6, Cortez, CO 81321
      View Details
    • $289,000
      2,141 SF

      Downtown Cortez Multi-Use Investment Property

      Commercial property with redevelopment potential and tax incentives in downtown Cortez.
      1 W 1St St, Cortez, CO 81321
      View Details
    • $895,000
      6,031 SF

      Restaurant and Bar on Large Lot

      Over 6,000 sqft restaurant/bar on 1 acre near highway.
      2591 E Main St, Cortez, CO 81321
      View Details
    • $485,000
      9,715 SF

      Highway Commercial Property with Warehouse

      Commercial property with service garage, warehouse, and highway frontage.
      27 S Broadway, Cortez, CO 81321
      View Details
    • $485,000
      4,834 SF

      Versatile Commercial Buildings on Main Street

      Two connected buildings in historic Cortez, ideal for diverse ventures.
      116 W Main St, Cortez, CO 81321
      View Details
    • $1,375,000
      4,071 SF

      Profitable Restaurant & Micro Brewery

      Successful restaurant and microbrewery on Main Street in Cortez, CO.
      1209 E Main St, Cortez, CO 81321
      View Details
    • $350,000
      6,320 SF

      Highway Commercial Building Opportunity

      Large commercial building suitable for storage and auto body shop.
      22824 Road, Cortez, CO 81321
      View Details
    • New
      $345,000
      5,035 SF

      Versatile Commercial Building on Main Street

      Large, adaptable commercial building with showroom, kitchen, offices, and storage.
      310 E Main St, Cortez, CO 81321
      View Details
    • $600,000
      1.62 Acres

      Cortez Mobile Home Park Opportunity

      Mobile home park with 17 spaces in Cortez, Colorado.
      520 E 2Nd St, Cortez, CO 81321
      View Details
    • $190,000
      1,216 SF

      Well-Maintained City Home with Views

      Three-bedroom, two-bath home with open views and ample storage.
      1620 Taylor St, Cortez, CO 81321
      View Details
    • $2,380,952
      1,622 SF

      Taco Bell NNN Property

      NNN Taco Bell property for sale in Cortez, Colorado.
      1300 E Main St, Cortez, CO 81321
      View Details
    • $375,000
      3,380 SF

      Cortez Mixed-Use Commercial Property

      High-Visibility Cortez Commercial Land
      11576 Road 24, Cortez, CO 81321
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - High-Visibility Commercial Garage & Office Space
    Where is this mixed-use property located?
    The property is located at 27 Broadway Cortez, CO.
    What is the asking price?
    The asking price for this property is $549,000.
    Request Owner's contact information
    27 Broadway Cortez, CO 81321
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    27 Broadway
    Cortez, CO 81321
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    27 Broadway Cortez, CO 81321
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.