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Property profile & analytics
FOR SALE
Warehouses

310 E Main St Cortez, CO 81321

5,035 SF 0.15 ac lot Built 1920
Trust Owned ~ Est. High Equity
Property ID
US13-2175098
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1920
Total area 5,035 SF
Lot 0.15 ac (6,534 SF)
Zoning code CBD
APN 561126125010
UPID US13-2175098
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
  • Mountain Annie's Cannabis - Recreational Dispensary (Bike/Boat/Book/etc) Store
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
Chapter Two Living Trust
Chapter Two Living Trust
since 2026
6 recorded transactions
2026
$384,424
2019
Price N/A
2018
Price N/A
2017
Price N/A
2011
$238,500
2005
Price N/A
Zoning & alternative use
CBD · Cortez, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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