236 North St Cortez, CO 81321
- Mixed-use properties
- 4,600 SF
- 0.24 lot acres
Current Use by Public Records
- Mon-Do Title Co / Title Company
Property Details for 236 North St
- Year built
- 1959
- Lot size
- 0.24 lot acres
- Property size
- 4,600 SF
- Property type
- Mixed-use properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cortez
- County
- Montezuma
- State
- Colorado
- Longitude
- -108.589
- Latitude
- 37.3498
