22 1st St Cortez, CO 81321-3702
This exceptional 2,400 square foot retail property presents a unique opportunity in the heart of Cortez, Colorado. Situated at 22 E 1ST STREET, this historic building enjoys a highly desirable location, boasting close proximity to the Cortez Post Office and the recently revitalized Calkins Commons. The property sits on a 0.06-acre lot, offering convenient access and visibility for any business. The interior layout is well-designed to accommodate a variety of retail uses, featuring a spacious main retail area perfect for showcasing products or services. In addition to the expansive retail space, a smaller, dedicated office area is included, providing a private workspace for administrative tasks or client meetings. This versatile space allows for a seamless blend of retail operations and business management. The building's historic character adds to its charm and appeal, offering a unique aesthetic that will attract customers and enhance brand identity. The asking price for this exceptional property is $275,000. This represents a compelling investment opportunity in a thriving community with strong potential for growth and return. Don't miss the chance to own a piece of Cortez history and establish your business in this prime location. Contact us today to schedule a viewing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
CBD · Cortez, COCortez. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.