30 W 1st St, Cortez, CO 81321

Listing agent Jason Witt

Listing office Century 21 West Slope Realty j***@thewittgroup.net Show Phone

Listing date Apr 11, 2025

Source Exprealty

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Overview

This commercial investment opportunity is located in Cortez, Colorado. The freestanding office building is fully leased to long-term professional tenants, each with a tenancy history dating back to the early 1990s. All tenants are on Modified Gross Leases. The building includes three individual suites, each featuring two private offices, a copy room, and a restroom. Interiors have been updated with modern finishes, and the exterior showcases professional curb appeal with clean, well-maintained landscaping. Located just off Main Street, the property offers visibility, access, and proximity to downtown amenities. The property is currently 100% occupied. At the current income level, the asset reflects a CAP rate of approximately 4.91%.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Cortez

County

Montezuma

State

Colorado

Longitude

-108.586

Latitude

37.3477

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FAQs

What type of property is this?

Office building - Well-maintained, fully leased office building in Cortez, Colorado.

Where is this office building located?

The property is located at 30 W 1st St Cortez, CO.

What is the asking price?

The asking price for this property is $390,000.

What are key features of this property?

This property features: Strong CAP rate of approximately 4.91% reflecting a solid return on investment.; Fully leased to long‑term professional tenants with tenancy history dating back to the early 1990s, ensuring stable income.; Well‑maintained freestanding office building in a desirable location in the heart of Cortez, Colorado.