Property summary
This iconic Cortez, CO building, constructed in 1959, offers 4,600 square feet on a 0.24-acre lot. Currently housing two businesses, its adaptable layout allows for easy conversion into four separate units, each with private front and rear entrances and a half-bath. The property's unique design and flexible zoning present significant investment opportunities. Located at 236 W NORTH Street, the building boasts a rich history, having served various businesses, including dental and legal practices. Its Neighborhood Business zoning permits a wide range of uses, including single or multi-family residential, in addition to numerous business types. The building is eligible for Historic Property Designation, adding potential tax benefits and preserving its unique character. This versatile property is ideal for both owner-occupants seeking office space and investors looking for a high-return opportunity in a thriving Cortez location. The asking price is $525,000. This is a rare chance to acquire a piece of Cortez history with significant upside potential. The property's flexible layout and zoning provide a multitude of options for future development and use.
Property profile
VerifiedCap rate & NOI
Current use
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Title Company
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning