$325,000
$325,000
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33 E Main Street Cortez, CO 81321
1 Bath
3,950 SqFt
Key Details
Sold Price $325,000
Property Type Commercial
Sub Type Multi-Use w/Res
Listing Status Sold
Purchase Type For Sale
Square Footage 3,950 sqft
Price per Sqft $82
MLS Listing ID 806009
Sold Date 08/06/24
Full Baths 1
Year Built 1958
Annual Tax Amount $2,086
Tax Year 2022
Lot Size 2,613 Sqft
Acres 0.06
Property Description
Welcome to the historic NuWay Western Wear building in the heart of Downtown Cortez's central business district surrounded by shops, restaurants, offices, and other local amenities. This renovated 3,950 sqft building offers an exciting opportunity for entrepreneurs, investors, or business owners looking for a prime location to establish their presence. The main floor offers approximately 2000 sqft of open retail space, providing ample room for displaying products, setting up workstations, or creating an inviting atmosphere for customers. Also on the main floor is a charming 1-bedroom, 1-bathroom living space at the back. Pay your mortgage by renting it out either as a long-term rental or through platforms like VRBO for short-term stays. The finished basement has approximately 850 sqft boasting two office spaces dedicated to handling administrative tasks, meetings, or private workspaces. With plenty of storage space available, you can efficiently manage inventory, supplies or equipment ensuring a well-organized and efficient business operation. Recent upgrades include new insulation and drywall, fresh carpet and pad, as well as vinyl and sealed concrete in the basement, ensuring comfort and durability. The interior has been thoughtfully improved with fresh paint, new baseboards, door frames, and energy-efficient LED lighting to enhance the overall aesthetic and functionality of the space. The property is equipped with three natural gas heaters and evaporative coolers, providing a comfortable environment year-round. One parking space is available at the back of the building, offering convenience for both you or your customers. This building offers a unique chance to be a part of Cortez's rich history while enjoying a well-maintained and updated property benefiting from high foot traffic and excellent visibility, and an ideal spot to attract customers and grow your business. The versatile layout and strategic location make this property a lucrative investment opportunity. Generate income by leasing the retail space or maximize returns by capitalizing on the growing demand for short-term rentals through platforms like VRBO. Call today for a showing!
Location
State CO
County Montezuma
Interior
Heating Forced Air
Cooling Evaporative Cooler
Flooring Carpet, Concrete, Laminate, Tile, Vinyl, Wood
Furnishings Unfurnished
Exterior
Garage On Street, In Rear of Building, Covered
Utilities Available Electric, Internet, Natural Gas, Sanitary Sewer, Water
Waterfront No
Roof Type Membrane
Building
Story 2
Foundation Basement-Finished
Sewer Public Sewer Installed
Water Public, Tap Installed Paid
New Construction No
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