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Property profile & analytics
OFF-MARKET
Retail space

209 Main St Cortez, CO 81321-3237

2,144 SF 0.15 ac lot Built 1917
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US13-1937789
Property summary
AI-generated overview

This exceptional Cortez, CO commercial property, located at 209 W MAIN Street, presents a unique investment opportunity. Boasting 7,071 square feet on a 0.23-acre lot, this versatile space offers a dynamic blend of retail and office areas, perfect for a variety of businesses. The expansive main level, situated on bustling Main Street, provides high visibility and ample space for a storefront, showroom, or other customer-facing enterprise. Large windows maximize natural light and attract pedestrian traffic. Several private office suites are also included, providing a flexible workspace for staff or clients. A convenient main-level bathroom adds to the property's functionality. Beyond the main level, a substantial basement area offers significant additional storage or potential for expansion. The property includes private off-street parking, a valuable asset in a high-traffic downtown location. This property is ideally suited for entrepreneurs, established businesses seeking expansion, or anyone looking to capitalize on the vibrant Cortez market. The seller will also consider a Triple Net Lease arrangement. This is a rare chance to acquire a prime commercial property in a thriving downtown location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1917
Total area 2,144 SF
Lot 0.15 ac (6,534 SF)
Zoning code CBD
APN 561126301002
UPID US13-1937789
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Denkai Store, Veterinary Clinic, Adoption Center Charitable Organization Social Service Agency
  • Say Yes Bridal & Boutique Clothing & Fashion Store
  • Envy Salon & Boutique Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Zetroc Investments LLC · 4 yrs held
Zetroc Investments LLC
since 2022
Last sale
$190,000
4 recorded transactions
2022
$190,000
2020
Price N/A
2020
$350,000
2012
$200,000
Zoning & alternative use
CBD · Cortez, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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