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Mixed-Use Building with Apartment
For Sale
$299,000

318 E MAIN St, Cortez, CO 81321

Ground-floor coffee shop and upper-level apartment create a flexible mixed-use configuration.

Property Size1,148 SF
Price / SF$260.45
Days on Market220

Property Features for 318 E MAIN St

General Information

Standard status Active
Size 1,148 SF
Property subtype Commercial/Industrial

Additional Details

Equipment Included No

Taxes and HOA fees

Annual Taxes $3,857

Building Details

Year Built 1933
Buildings 1
Stories 2
Listing Agency: 4 Corners Properties, Inc.
Listed By: Terry Woodrow
Source: Exitrealty
Added: Jan 22 Changed: Aug 29 Last Checked: Aug 29 at 3:28PM

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 4 Corners Properties, Inc.

Investment Insights

Based on property information with market context.

Built in 1933, this 1,148-square-foot mixed-use building combines an operating coffee shop on the ground floor with a separate residential component above. The commercial level is leased to the coffee shop operator, while the business and its kitchen equipment are not included in the sale.

The upper level includes a living room, bedroom, three-quarter bath, two unfinished storage rooms, and a private entrance. The apartment may support owner occupancy or additional rental use. Parking is available behind the building and along the street, with shops, dining, and local attractions nearby in downtown Cortez.

The coffee shop tenant may remain under a new owner or vacate within 30 days, offering flexibility for the next owner’s plans. The property is located at 318 E MAIN St, Cortez, CO 81321.

Key Highlights

  • 1,148‑square‑foot mixed‑use building constructed in 1933
  • Ground‑floor coffee shop is currently leased
  • Upper‑level apartment has a living room, bedroom, 3/4 bath, and separate entrance

Property Analytics

Current Use

Loops Coffee House ... Cafe & Coffee Shop Cortez Coffeehouse and Eatery Cafe & Coffee Shop

Suggested Use

Top Pick Parking Lot & Garage Bakery Grocery & Convenience Store Locksmith (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

914
Businesses Nearby
54k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 53% Dining 28% Shops & Services 13% Hotels & Casinos 6%
City Market Groceries
28,732 visits/mo 0.2 miles
Wendy's Dining
11,075 visits/mo 0.1 miles
Speedway Shops & Services
7,056 visits/mo 0.4 miles
Pizza Hut Dining
4,361 visits/mo 0.5 miles
Best Western Turquoise Inn & Suites Hotels & Casinos
2,510 visits/mo 0.1 miles

Demographics for 81321, CO

14,402
Population
6,332
Households
2.3
Avg Household Size
43
Median Age
28%
College-Educated
90%
High-School Grad
419.6 sq mi
ZIP Area
34
Density / Sq Mi
$59,737
Median Household Income
$35,274
Median Earnings
$1,010
Median Rent
$259,500
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor coffee shop and upper-level apartment create a flexible mixed-use configuration.
Where is this mixed-use property located?
The property is located at 318 E MAIN St Cortez, CO.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 1,148‑square‑foot mixed‑use building constructed in 1933; Ground‑floor coffee shop is currently leased; Upper‑level apartment has a living room, bedroom, 3/4 bath, and separate entrance
More about this property
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