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    30 Market St Cortez, CO 81321

    For Sale
    $735,000

    Historic Cortez building, prime location, includes business

    Property size:
    2,586 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Cortez, CO property presents a unique investment opportunity. The offering includes a historic 1928 building (1,626 sq ft) situated in the heart of the Cortez business district, directly off Main Street, adjacent to a funeral home. This well-maintained building boasts attractive bay windows, two swamp coolers, baseboard hot water heat, and a combination of rock and wood siding. Inside, you'll find two walk-in coolers. A partial wood privacy fence enhances the property's appeal. The sale includes the established family business, operating successfully for over 60 years, serving Cortez and the surrounding area. Seller training will be provided, covering ordering supplies, arrangement creation, delivery, and business strategies. Fixtures and a current inventory list will be provided prior to closing. Ample parking is available at the rear of the building, along with on-street parking and dual alley access. A 960 sq ft warehouse, featuring a propanel roof and cinder block walls, is located at the rear, ideal for storage. The asking price of $735,000 encompasses both the real estate and the thriving business. The 0.17-acre lot provides a total building footprint of 2,586 sq ft. This is a rare chance to acquire a turnkey business and a valuable piece of Cortez history.

    Property Features for 30 Market St

    General Information

    Property type
    Distribution properties
    Square Feet
    2,586 SF
    Lot Size
    7,405 SF

    HighLights

    • $735,000 asking price.
    • 2,586 square foot building on a 0.17‑acre lot.
    • Located at 30 N Market Street, Cortez, CO 81321.
    • Includes a 1,626 SF main building and a 960 SF warehouse.
    • Established flower shop business included in sale price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flower Cottage Inc. Florist

    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
    -108.5849296
    Latitude
    37.3492566

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    FAQs

    What type of property is this?
    Distribution property - Historic Cortez building, prime location, includes business
    Where is this distribution property located?
    The property is located at 30 Market St Cortez, CO.
    What is the asking price?
    The asking price for this property is $735,000.
    What are key features of this property?
    This property features: $735,000 asking price.; 2,586 square foot building on a 0.17-acre lot.; Located at 30 N Market Street, Cortez, CO 81321.
    Request Owner's contact information
    30 Market 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

    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
    30 Market St Cortez, CO 81321
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