310 E Main St Cortez, CO 81321
This exceptional 6,500 square foot commercial building, situated on a 0.15-acre lot at 310 E Main Street in Cortez, Colorado, presents a compelling investment opportunity. Currently leased, the property offers a strong, consistent income stream. The existing lease, transferable to the buyer at closing, guarantees monthly rental income of $11,344.00 through the remainder of 2025, increasing to $11,684.31 per month starting January 16, 2026. The lease concludes on May 1, 2026, with the tenant responsible for all payments during the lease term. The building boasts a prime Main Street location, ideal for a variety of commercial uses. Significant upgrades have been implemented throughout the years, including a complete electrical and wiring overhaul in 2014, along with new plumbing and a new roof. The property also features convenient gravel parking at the rear. A fully equipped kitchen with appliances is included, adding to the versatility of the space. The asking price for this well-maintained, income-producing property is $550,000. This is a rare chance to acquire a valuable asset in a desirable location with a proven rental history. The rental agreement is available for review upon request.
-
Mountain Annie's Cannabis - Recreational Dispensary (Bike/Boat/Book/etc) Store
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.