Spa & Wellness

Cortez, CO Spa & Wellness Properties for Sale

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Dolores, CO Mancos, CO Lewis, CO Yellow Jacket, CO Pleasant View, CO Hesperus, CO Cahone, CO
Multi-Unit Retail Buildings
Updated: Jun 25
Multi-Unit Retail Buildings

1 W 1st Street, Cortez, CO 81321

$289,000
2,610 sqft 0.16 AC lot
Three units across two buildings in downtown Cortez, one block off Main Street
Pro forma 11.0%+ cap rate with fully occupied income projections
Main building is currently vacant; last leased at $1,850/month (included the studio)
Studio attached unit leased through March 2027 at $700/month
Tanning salon leased through July 2027 at $850/month
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Three-Unit Retail Income Property
Updated: Jun 25
Three-Unit Retail Income Property

1 W 1st Street 7 W 1st Street, Cortez, CO 81321

$289,000
2,610 sqft
1922 vintage downtown Cortez commercial property: 3 units across two connected buildings (Neighborhood Commercial).
Vacant main building space was last leased at $1,850/month, offering an immediate value‑add upside.
Attached studio leased through March 2027 at $700/month; tanning salon leased through July 2027 at $850/month.
New roof on the main building completed April 2025 and fresh exterior paint on both buildings as of June 2026.
7 W. 1st Street building has a City of Cortez historic designation, potentially unlocking tax incentives and renovation benefits (buyer to verify).
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Cortez, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Hospitality and Restaurant Package
Hospitality and Restaurant Package

1304 & 1314 Greene Street, Silverton, CO 81433

$3,500,000
10,500 sqft 0.17 AC lot

Two downtown parcels operated as multiple hospitality businesses, including a restaurant, coffee/ice cream, suites, and indoor soaking pools.

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Multi-Parcel Hospitality and Lodging Property
Multi-Parcel Hospitality and Lodging Property

1304 Greene Street, Silverton, CO

$3,500,000
10,500 sqft

Two downtown parcels operate as a combined hospitality venue with bar, coffee, lodging units, and soaking pools.

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Turnkey Spa and Salon Business
Turnkey Spa and Salon Business

271 N Mountain View Drive, Bayfield, CO 81122

$149,000
1,000 sqft

Well-established full-service spa and salon with a maintained facility and included furniture, fixtures, equipment, and inventory.

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Turnkey Spa & Salon
Turnkey Spa & Salon

271 N Mountain View Drive, Bayfield, CO 81122

$149,000
1,000 sqft

Turnkey full-service spa and salon with leasehold interest plus furniture, fixtures, equipment, and spa-owned inventory.

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Cortez, CO Spa & Wellness Properties Market Trends and Statistics

Explore 2 spa & wellness properties for sale in Cortez, CO on our real estate platform. These investment opportunities span a total of 5,220 square feet of properties for sale, with an estimated market value of $578,000.

Sale prices for spa & wellness properties in Cortez, CO start at $289,000, averaging $289,000, and reaching up to $289,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Spa & wellness properties 2

Demographics Overview

Population 14K
Population Growth (5Y) -3.3%
Median Household Income $59,737
College Educated 39.1%

High-Yield Neighborhoods for Investment

Identify Cortez submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
81321 $75K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Montezuma County

New Delisted

Total CRE Inventory on Market (SF)

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