30 W 1st Street, Cortez, Colorado 81321
30 W 1st Street, Cortez, Colorado 81321
30 W 1st Street, Cortez, Colorado 81321
30 W 1st Street, Cortez, Colorado 81321
30 W 1st Street, Cortez, Colorado 81321

Listed By CENTURY 21 West Slope Realty

The Office for Sale located at 30 W 1st Street, Cortez, Colorado 81321 is currently for sale. 30 W 1st Street, Cortez, Colorado 81321 is listed for $390,000. This property has 3 bathrooms.

Date Updated : Aug 29, 2025

$390,000 USD

Office for Sale, 30 W 1st Street, Cortez, Colorado 81321

  • MLS#
    822843
  • Total rooms
    3
  • Minimum sellable space
    296 m² (3,181 ft²)

Property features

Property

  • Property size: 296 m² (3,181 ft²)
  • Type: Office Building

Lot/Land

  • Land/Lot size: 647 m² (0.16 ac)
  • Lot description: Corner Lot

Construction

  • Year built: 1952

Bathrooms

  • Total bathrooms: 3
  • Full bathrooms: 3

Interior Features

  • Floors: LaminateWall To Wall CarpetingLinoleum

Description

Exceptional commercial investment opportunity in the heart of Cortez, 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.

Location

30 W 1st Street, Cortez, Colorado 81321

30 W 1st Street, Cortez, Colorado 81321