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Property summary
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
VerifiedCap rate & NOI
Current use
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Charitable Organization Social Service Agency
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Clothing & Fashion Store
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Hair Salon Nail Salon
Location
Value estimations
Owner & transaction history
Zoning & alternative use
CBD Central Business District C General Commercial District NB Neighborhood Business District I Industrial O Open District PUD Planned Unit Development Section 3.03 Residential Zone Districts Cortez Land Use Code Update…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CBD · Cortez, COCBD Central Business District C General Commercial District NB Neighborhood Business District I Industrial O Open District PUD Planned Unit Development Section 3.03 Residential Zone Districts Cortez Land Use Code Update…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
CBD Central Business District C General Commercial District NB Neighborhood Business District I Industrial O Open District PUD Planned Unit Development Section 3.03 Residential Zone Districts Cortez Land Use Code Update…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CBD in Cortez, CO.
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