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    2415 Empire St Cortez, CO 81321

    For Sale
    $1,095,000

    Established Cortez business, 5,000 sq ft, .58 acres

    Property size:
    5,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional Cortez commercial property offers a lucrative business opportunity, encompassing a main building and a separate warehouse. The main 3,000 square foot building, constructed in 2000, features a showroom, office space, kitchenette, and a wheelchair-accessible bathroom. A large warehouse boasts two 10' x 10' garage doors with openers, a standing seam metal roof, four skylights, in-floor radiant hot water heat, 3-phase wiring, fiber optic high-speed internet, a security system, and two swamp coolers. The separate 2,000 square foot warehouse building also features a standing seam metal roof, six skylights, an 18' ceiling, two 10' x 14' garage doors with openers, 3-phase wiring, two hanging Reznor heaters, one swamp cooler, and a recycled water system. The property includes approximately 5,000 square feet of blacktop, drought-tolerant landscaping, and sits amongst other well-maintained commercial properties. Included in the sale are a Yale forklift, a 2019 Chevy 2500 with utility box, a 2005 Ford F350 with utility box, a Matrix Gentry Granite Saw, a Blue Ripper Saw, a 3 Horse Router, a Big Dog Hydraulic Stone Chiseler, tile saws, and miscellaneous tile and stone fabrication tools. The property sits on a 0.58-acre lot and is fully fenced. This turnkey operation presents a rare opportunity to acquire a thriving business with all equipment and real estate included.

    Property Features for 2415 Empire St

    General Information

    Property type
    Investment properties
    Square Feet
    5,000 SF
    Lot Size
    25,265 SF

    Building Details

    Year Built
    2000
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Timberline Tile of Cortez ... Tile Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -108.5533
    Latitude
    37.35624

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    FAQs

    What type of property is this?
    Investment property - Established Cortez business, 5,000 sq ft, .58 acres
    Where is this investment property located?
    The property is located at 2415 Empire St Cortez, CO.
    What is the asking price?
    The asking price for this property is $1,095,000.
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    2415 Empire St Cortez, CO 81321
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    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

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    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
    2415 Empire St Cortez, CO 81321
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