236 W North St | 236 W North St
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236 W North St 236 W North St
4,600 SF 100% Leased Office Building Cortez, CO 81321 $525,000 ($114/SF)
Investment Highlights
- Flexible Space , up to 4 units each with 1/2 bath, Front and Rear exit.
- Central Location
- Plenty of On and Off Street Parking
Executive Summary
A Cortez Landmark! Built in 1959, this office building has been home to many businesses including dentists and lawyers. The unique layout of this property is very flexible. Currently it is home to two businesses, but just by deadbolting a couple of doors, it could easily become 4 separate businesses. Each office space would have it's own front and rear entrance along with it's own 1/2 bath. The property is eligible for Historic Property Designation but is not listed. It is zoned as Neighborhood Business which allows many possibilities including single/multi family housing along with many types of businesses. Currently one tenant occupies 1,200 sqft, owner occupies the balance. If you are looking for office space or you are an investor, this would be a great property!
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
4,600 SF
Building Class
C
Year Built
1959
Price
$525,000
Price Per SF
$114
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,600 SF
Building FAR
0.44
Lot Size
0.24 AC
Zoning
Neighborhood Business - Business, Residential, or both
Parking
8 Spaces (1.74 Spaces per 1,000 SF Leased)
Amenities
- High Ceilings
Walk Score ®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | R009469 | Improvements Assessment | $50,980 |
| Land Assessment | $13,528 | Total Assessment | $64,508 |
PROPERTY TAXES
Parcel Number
R009469
Land Assessment
$13,528
Improvements Assessment
$50,980
Total Assessment
$64,508
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Summit Vista Realty, Llc
236 W North St | 236 W North St
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