USACOCortezCortez Original7-W-1St-Street-1 W 1St St
Listing image | Image 1

7 W 1st Street-1 W 1St St, Cortez, CO

House

For Sale

Listed price in listed location currency (USD).
$289,000

030

MLS® 836302

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size 2610 sqft
Garage 
Taxes 
Days Active 4
Lot Size 0.16 Acres
Approx. Age 1922
Avg. Price Per Sqft $110
MLS® Number 836302

Property Address: 7-w-1st-street-1 W 1st St, Cortez, CO, 81321-3507

Average square foot calculated using Size range provided by listing agent.

Description

Prime downtown Cortez commercial investment one block off Main Street. Three units across two buildings with a fully occupied pro forma cap rate of 11.0%+. The main building is currently vacant and was last leased at $1, 850/month(this included the studio), offering immediate opportunity to add value and maximize returns. The attached studio is leased through March 2027 at $700/month and the tanning salon through July 2027 at $850/month. New roof on the main building completed April 2025 and fresh exterior paint on both buildings as of June 2026. The 7 W. 1st Street building carries a City of Cortez historic designation, unlocking valuable tax incentives and renovation benefits. Zoned Neighborhood Commercial with flexibility for professional, residential, or multifamily use, subject to buyer due diligence. Steady current income, upside in the vacant unit, tax advantages, and redevelopment potential all in one package. Opportunities like this in downtown Cortez don't come around often.
MLS® Number836302
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1922
BasementCrawl Space
DrivewayOff Street, Parking Spaces, On Street
Garage Spaces
HeatElectric, Forced Air, Heat Pump, Natural Gas, Other
A/CCentral Air, Other

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 22, 2026List Date
$289,000List Price
  • Commute

Commute

Starting Address
Destination Address
1 W 1St St, Cortez, CO

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties

Explore eXpFind an AgentJoin eXpInvestor RelationsCompany CareersHome Guides
eXp LifeZoocasaSUCCESS®SUCCESS® LendingeXp RevenoseXp CommercialeXp LuxuryeXp Land and RanchAccessibility
Terms and ConditionsPrivacy Rights RequestPrivacy PolicyCookie PolicyBrand GuidelinesHelpSitemap

2219 Rimland Drive, Suite 301, Bellingham, Washington, 98226

1 833-303-0610

[email protected]

eXp REALTY

© 2024 eXp Realty. eXp World Holdings, Inc. All Rights Reserved.

DMCA Notice

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply

Fair Housing and Reasonable Accommodations

MLS Compliance Statements

Karen Richards - Designated Managing Broker, Broker Operations - TX

Texas Real Estate Commission information about brokerage services

Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations.The Fair Housing Notice →

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H.Learn More →

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny - Designated Broker

eXp Realty of Southern California, Inc. | CA DRE#01325837 | Jason Crawford – Designated Broker

eXp Realty of Greater Los Angeles, Inc. | CA DRE# 01240990 | Mike Mendibles - Designated Broker

eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas - Designated Broker

© 2026 eXp Realty. eXp World Holdings, Inc. All Rights Reserved