$1,190,000
$1,190,000
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24194 Road L Cortez, CO 81321
9 Baths
9,600 SqFt
Key Details
Sold Price $1,190,000
Property Type Commercial
Sub Type Multi-Use w/Res
Listing Status Sold
Purchase Type For Sale
Square Footage 9,600 sqft
Price per Sqft $123
MLS Listing ID 802454
Sold Date 01/17/24
Full Baths 5
Half Baths 3
Three Quarter Bath 1
Year Built 2009
Annual Tax Amount $6,065
Tax Year 2021
Lot Size 6.750 Acres
Acres 6.75
Property Description
This commercial site has excellent frontage and exposure. Constructed of all of the highest quality construction methods and is heated and cooled with an extremely efficient Electric Geo Thermal System. This 9600 SF is the first phase of a Montezuma County approved 3 phase commercial site. The building is virtually maintenance free and self sustaining. There is a mixture of office, residential, and warehouse spaces that include 7 separate leases that provide a monthly income of $8500. The Upper Level contains a beautiful 1,400 sf 2 bedroom, 2 bath apartment with in floor radiant heat and is air conditioned. This apartment is nicely appointed with stainless appliances, washer/dryer and a built in entertainment center with a sound system throughout the home. In a addition to the 1400sf apartment on the upper level there are 4 more 850sf 2 bedroom 1 bath apartments with forced air heat and air conditioning. The Lower Level is entirely heated and cooled utilizing electricity and the use of a ground source heat pump. This system heats and cools the upper level larger apartment plus the lower level 800sf office, 3,600sf shop plus a 400sf laundry room, bathroom and utility room. The Septic system is highly engineered and designed for the expansion of use when and if further apartments are added ( there are stubs for septic already in place in the shop area for 4 additional apartments).
Location
State CO
County Montezuma
Interior
Heating Geo Therma
Cooling Geo Thermal
Flooring Concrete, Laminate, Wood
Equipment Partial
Furnishings Unfurnished
Exterior
Garage Gravel, 20 + Total Spaces
Utilities Available Electric, Septic, Water
Waterfront No
Roof Type Metal
Building
Story 2
Foundation Concrete, Slab
Sewer Septic Installed
Water Tap Installed Paid, Water Installed
New Construction No
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