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Flex Space with Five Garage Doors
For Sale
$255,000

500 S Market St, Cortez, CO 81321

Cinder-block construction, open ceiling, office area, and alley access provide a flexible commercial layout.

Property Size9,516 SF
Lot Size0.45 Acres
Price / SF$26.80
Days on Market599

Property Features for 500 S Market St

General Information

Standard status Active
Size 9,516 SF
Lot size 0.45 Acres
Property subtype Residential Income

Additional Details

Utilities to Site Yes
Voltage 240 V

Building Details

Buildings 1
Building Size 9,516 SF
Construction cinder block
Listing Agency: Century 21 West Slope Realty
Listed By: Jo Ann Cauley · License #FA1297655
Source: Exprealty
Added: Jan 10, 2025 Changed: Aug 30 Last Checked: Aug 31 at 5:57PM

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 Century 21 West Slope Realty

Investment Insights

Based on property information with market context.

The property is a 9,516-square-foot flex building on a 0.45-acre corner parcel at 500 South Market Street in Cortez. Built in 1958, the structure features cinder-block construction, an open ceiling, a concrete slab, five garage doors, a separate office, and a large entry area. The building is unfurnished and includes gas lines, a 2-inch water line, and 120/240 electric service.

Alley access adds a second point of entry to the corner-site configuration. The property was formerly used for laundry and dry-cleaning operations, and an EPA report indicates a clean hazardous report. The existing open interior, garage access, and office component provide a practical base for evaluating future commercial use.

Key Highlights

  • 9,516‑square‑foot flex building on a 0.45‑acre corner lot
  • Five garage doors with open‑ceiling interior
  • Cinder‑block structure built in 1958

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store HVAC Service (Bike/Boat/Book/etc) Store Pet Grooming Service Florist

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

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

826
Businesses Nearby
Under-served
Demand for This Use

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 Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Cinder-block construction, open ceiling, office area, and alley access provide a flexible commercial layout.
Where is this flex space located?
The property is located at 500 S Market St Cortez, CO.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: 9,516‑square‑foot flex building on a 0.45‑acre corner lot; Five garage doors with open‑ceiling interior; Cinder‑block structure built in 1958
More about this property
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