318 E Main St, Cortez, CO

$330,000

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2

Beds

1

Bath

1,148

Square feet

0.15

Acres

About 318 E Main St

**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!

Listing Office : Berkshire Hathaway HomeServices Colorado Properties

Features of 318 E Main St

MLS® # 819859
Price $330,000
Bedrooms 2
Bathrooms 1.00
Square Footage 1,148
Acres 0.15
Year Built 1933
Type Residential
Sub-Type Stick Built
Status Active

Community Information on 318 E Main St

Address 318 E Main St
Area Cortez
Subdivision F R Coffins Addition
City Cortez
County Montezuma
State CO
Zip Code 81321

Amenities of 318 E Main St

Utilities Electricity Available, Natural Gas Available, Internet

Interior of 318 E Main St

Heating Natural Gas
Fireplace No
Stories Two Story

Exterior of 318 E Main St

Roof Metal
Foundation Block, Basement-below grade, Basement-dug out, Basement-unfinished, Concrete

School Information on 318 E Main St

Elementary Manaugh K-5
Middle Cortez 6-8
High Montezuma-Cortez 9-12

Additional Information on 318 E Main St

Date Listed December 10th, 2024
Zoning Mixed-Use,Other
Data Source Cren MLS

Listing Details of 318 E Main St

OfficeBerkshire Hathaway HomeServices Colorado Properties

Listing Map of 318 E Main St

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