Cortez, CO 81321,24194 Road L

$1,190,000

Est. payment /mo

$1,190,000

Est.Price: ?

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24194 Road L Cortez, CO 81321

9 Baths

9,600 SqFt

SOLD DATE : 01/17/2024

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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Colorado Real Estate Network (CREN) + Sold
Listed by 4 Corners Properties, Inc.

Linette Nye Schmidt

Broker Associate | License ID: FA.100086260

+1(719) 588-1636

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