Commercial Sale · Active

204 S Chestnut

Cortez, CO 81321

2 Baths · 2,028 Sq Ft

$267,000

Mixed Use

Property Type

0.14 acres

Lot Size

1946

Year Built

$132

Price per Sq Ft

834351

MLS #

About This Property

BUSINESS, HOME or RENTAL! Lots of options here as this corner lot in Cortez is approximately 2 blocks from Main Street (Hwy 160) and is zoned Neighborhood Business. It is presently used as two apartments (main floor and basement) with a rent potential of $1800 per month. Main floor apartment is a 2BR1BA, spacious with large living room, dining room, laundry room or a 3rd BR as well as access to a very nice outdoor concrete pavered patios, wood deck, yard shaded with mature trees, privacy fence and a 1 car detached garage with additional storage.

The Basement apartment is a 1BR 3/4BA unit w/a small portion of the basement unfinished. No doubt this is an older home and can always use some upgrades. Great opportunities being located within walking distance to shopping and schools whether you use it as a business, home or a rental. Owner financing is an option.

197 days on market

Listed by Robin Rice · eXp Realty, LLC · 970-739-0455

Last updated: 11/10/2026 11:44 AM · Source: Colorado Real Estate Network (CREN), MLS#: 834351

Property Details

Key Details

Property Type Commercial Sale
Sub Type Mixed Use
Status Active
Price per Sq Ft $132
Subdivision Cortez Original
MLS # 834351
Days on Market 197
Full Baths 1
Three-Quarter Baths 1

More Details

Year Built 1946
Lot Size (Sq Ft) 6,098
Acres 0.14
Annual Taxes $1,011
Tax Year 2025
State CO
County Montezuma
Zoning Mixed Use

Interior

Heating Space Heater
Cooling Evaporative Cooling
Flooring Carpet, Laminate

Exterior & Parking

Roof Membrane

Building & Lot

Sewer Public Sewer
New Construction No

Location

Price History

DateEventPrice
11/10/2026 Price change
Source: Colorado Real Estate Network (CREN) #834351
$267,000 $132/sqft
11/10/2026 Price change
Source: Colorado Real Estate Network (CREN) #834036
$267,000 -0.2% $132/sqft
10/8/2026 Price change
Source: Colorado Real Estate Network (CREN) #834351
$267,500 $132/sqft
10/8/2026 Price change
Source: Colorado Real Estate Network (CREN) #834036
$267,500 -2.7% $132/sqft
7/24/2026 Price change
Source: Colorado Real Estate Network (CREN) #834351
$275,000 $136/sqft
7/24/2026 Price change
Source: Colorado Real Estate Network (CREN) #834036
$275,000 -2.7% $136/sqft
5/27/2026 Price change
Source: Colorado Real Estate Network (CREN) #834351
$282,500 $139/sqft
5/27/2026 Price change
Source: Colorado Real Estate Network (CREN) #834036
$282,500 -2.6% $139/sqft
5/2/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #834351
$290,000 +8.6% $143/sqft
4/27/2026 Listing removed
Source: Colorado Real Estate Network (CREN) #834035
—
4/26/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #834036
$267,000 -7.9% $132/sqft
4/26/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #834035
$290,000 $143/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.

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Listing information last updated November 10, 2026 at 11:44 AM.

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