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318 E Main St

Cortez, CO 81321
  • $335,000
  • STATUS: Active
  • ON SITE: 134 Days
  • MLS #: 819859
UPDATED: 26 min ago
$335,000
  • 2
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,148
    SQFT
  • $292
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1933
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Berkshire Hathaway HomeServices Colorado Properties: 970-249-4663.


Description

**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 Cortezs vibrant Main Street scene!

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[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Michelle Brown Homes | Blackmore Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2025-04-24T17:56:44.85.
www.michellebrownhomes.com/homes/158674658
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318 E Main St Cortez, CO 81321

  • Price: $335,000
  • Status: Active
  • On Site: 134 Days
  • Updated: 26 min ago
  • MLS #: 819859
2
Beds
0
Baths
0
½ Baths
0.15
Acres
1,148
SQFT
$292
$/SQFT
1933
Built
Neighborhood:
F R Coffins Addition
County:
Montezuma
Area:
Cortez
Elementary School:
Manaugh K-5
Middle School:
Cortez 6-8
High School:
Montezuma-Cortez 9-12
Property Description
**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 Cortezs vibrant Main Street scene!
Exterior Features

Acreage Range Less than .25 Carport No Garage No Property Attached No Roof Metal Sewer Source Public Sewer Siding Wood Stories Two Story Street Description State HighwayCity/TownPaved Utilities ElectricInternetNatural Gas Water Source City WaterPublic Water Well No Waterfront YN No

Interior Features

Additional Living Quarters No Flooring Tile Foundation Basement BlockBasement-below gradeBasement-dug outBasement-unfinishedConcrete Heating Fuel Source Natural Gas Heating System Other One Quarter Baths 1 Total Office Dens 0

Property Features

Current Use CommercialMixed-Use Green Certification No Hoa No New Construction YN No Possible Property Use ResidentialCommercialMixed-Use Real Estate Included Yes Reo Lender Owned No Special Assement No Tax Year 2024 Total Taxes 2886.12 Water Rights No Zoning Mixed-UseOther

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Michelle Brown Homes | Blackmore Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2025-04-24T17:56:44.85.
 
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Michelle Brown Homes | Blackmore Group
2901 Main Avenue
Durango CO, 81301
Listing courtesy of Berkshire Hathaway HomeServices Colorado Properties: 970-249-4663.