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  • $335,000

    318 E Main St, Cortez, CO 81321

    2beds
    1,148sqft
    : 
    Stick Built
    Built in 1933
    6,534 Square Feet Lot
    $323,700 Zestimate®
    $292/sqft
    $-- HOA

    What's special

    Ample parkingExtensive upgradesMain street locationFully renovated property
    **Prime Investment Opportunity with Residential or Mixed-Use Potential in the Heart of Cortez, Colorado!** Unlock the potential of this fully renovated property on Main Street, offering a versatile setup with the possibility two studios upstairs and two studios downstairs. Formerly housing four apartments, this property is primed for residential, mixed-use, or a combination of both. Envision retaining the charm of the coffee shop below while transforming the upstairs into income-generating Airbnb units—or fully convert the property into a residential haven. The property has undergone extensive upgrades, including new electrical, plumbing, drywall, flooring, fresh paint, a modernized bathroom, updated doors, and enhanced lighting. It also has 2 sewer taps. These thoughtful renovations create a turnkey investment with endless possibilities. With ample parking, including ten spaces in the rear and additional spots out front, the property ensures convenience for residents, tenants, and customers alike. Its prime Main Street location guarantees high visibility and traffic, making it ideal for mixed-use purposes or as a residential rental property. Whether you choose to maintain the coffeehouse, lease the studios for long-term tenants, or capitalize on short-term rental opportunities, this property offers the flexibility to align with your vision. The combination of location, upgrades, and versatile layout makes this an exceptional investment opportunity. Schedule a viewing today to explore how you can transform this space into a thriving residential or mixed-use development and secure your place in Cortez’s vibrant Main Street scene!
    136 days
    on Zillow
    |
    259
    |
    11
    |

    Zillow last checked: 8 hours ago

    Listing updated: February 18, 2025 at 01:41pm

    Listed by:

    Holly Matson 970-759-4079,

    Berkshire Hathaway HomeServices Colorado Properties

    Source: CREN,MLS#: 819859MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 318 E Main St.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • 1/4 bathrooms: 1
    Features
    • Flooring: Tile
    • Basement: Basement-below grade,Basement-dug out,Unfinished
    Interior area
    • Total structure area: 1,148
    • Total interior livable area: 1,148 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,534 Square Feet
    Details
    • Parcel number: 561126125006
    • Zoning description: Mixed-Use,Other

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Stick Built
    Materials
    • Wood Siding
    • Foundation: Block, Concrete Perimeter
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1933

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water, Public
    • Utilities for property: Electricity Connected, Internet, Natural Gas Connected

    Community & HOA

    Community
    • Subdivision: F R Coffins Addition
    HOA
    • Has HOA: No
    Location
    • Region: Cortez

    Financial & listing details

    • Price per square foot: $292/sqft
    • Tax assessed value: $186,187
    • Annual tax amount: $2,886
    • Date on market: 12/10/2024
    • Electric utility on property: Yes
    • Road surface type: Paved
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