Listed by United Country Blue Sky Homes and Land, United Country Real Estate
$289,000
Investment Opportunity in Downtown Cortez, CO
Details
Property Type Retail, Office
Sub Type Day Care/Nursery, Pharmacy/Drug
Square Footage 2,610
Units 3
Tenancy Multi
Year Built 1922
Buildings 2
Acreage 0.160
Investment Type Owner/User
Ground Lease No
Versatile, multi-tenant commercial property in Montezuma County
Marketing description
Big opportunities start with the right location. Just one block from Main Street in downtown Cortez, this versatile commercial property is positioned for investors ready to grow their portfolio or entrepreneurs looking to put their vision into motion. With three units across two buildings, existing rental income, a vacant space ready for your next tenant or business, and an impressive 11%+ pro forma cap rate, this property is built for both immediate returns and long-term potential. Add in historic tax incentives, flexible zoning, and recent exterior improvements, and you've found an investment that's ready to work for you.
Listing Contacts
Listed by United Country Blue Sky Homes and Land, United Country Real Estate
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