Commercial Sale · Active
Cortez, CO 81321
3 Baths · 3,181 Sq Ft
$350,000
Office
Property Type
0.16 acres
Lot Size
1952
Year Built
$110
Price per Sq Ft
840099
MLS #
About This Property
In the heart of Cortez exceptional commercial investment opportunity, Colorado. This well-maintained freestanding office building is fully leased to long-term professional tenants, each with a tenancy history dating back to the early 1990s. All tenants are on Modified Gross Leases, providing steady income with reduced owner responsibility. The building includes three individual suites, each featuring two private offices, copy room and a restroom.
Interiors have been tastefully updated with modern finishes, and the exterior showcases professional curb appeal with clean, well-maintained landscaping. Located just off Main Street, this property offers excellent visibility, easy access, and close proximity to downtown amenities. A market-stabilized vacancy factor of 5% has been applied for conservative underwriting, though the property is currently 100% occupied. At the current income level, the asset reflects a strong CAP rate of approximately 4.91% — making it an ideal, low-maintenance addition to any investor portfolio.
17 days on market
Listed by Jo Ann Cauley · Century 21 West Slope Realty · 970-565-8408
Property Details
| Property Type | Commercial Sale |
| Sub Type | Office |
| Status | Active |
| Price per Sq Ft | $110 |
| Subdivision | Cortez |
| MLS # | 840099 |
| Days on Market | 17 |
| Year Built | 1952 |
| Lot Size (Sq Ft) | 6,970 |
| Acres | 0.16 |
| Annual Taxes | $4,732 |
| Tax Year | 2025 |
| State | CO |
| County | Montezuma |
| Zoning | Business,Commercial,Office |
| Heating | Forced Air |
| Cooling | Forced Air |
| Flooring | Carpet, Laminate, Vinyl |
| Parking Features | On Street, 2 Hour Parking Only |
| Roof | Metal |
| Sewer | Public Sewer |
| Water Source | Public |
| New Construction | No |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 10/28/2026 |
Listed for sale Source: Colorado Real Estate Network (CREN) #840099 |
$390,000 +4.0% $123/sqft |
| 6/17/2026 |
Listing removed Source: Colorado Real Estate Network (CREN) #822843 |
— |
| 6/17/2026 |
Pending Source: Colorado Real Estate Network (CREN) #822843 |
— |
| 4/28/2026 |
Price change Source: Colorado Real Estate Network (CREN) #822843 |
$375,000 $118/sqft |
| 4/10/2025 |
Listed for sale Source: Colorado Real Estate Network (CREN) #822843 |
$375,000 $118/sqft |
SOURCE: 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 (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice.
TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This listing information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.
WARRANTY: COLORADO REAL ESTATE NETWORK (CREN) MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. COLORADO REAL ESTATE NETWORK SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
“COPYRIGHT (2026) by COLORADO REAL ESTATE NETWORK” 121 N PARK AVENUE, SUITE# 4, MONTROSE, CO 81401 USA
ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of Colorado Real Estate Network (CREN)
PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
Thank you — a Mont Haus broker will be in touch shortly.
For Mont Haus agents and staff. Sign in with your Mont Haus Microsoft account and the Agent Portal opens in a new tab.
Sign in with MicrosoftNo Microsoft account yet? Ask Nikki Boxer, who sets up portal access.