24361 Road L , Cortez, CO 81321
Cortez, CO 81321
Description
Welcome to an exceptional investment opportunity! On 3.58 acres of prime real estate, this income-generating commercial property offers a lucrative venture for investors. Situated in a high-demand area, this property enjoys excellent visibility and accessibility, ensuring steady traffic flow and high occupancy rates. The chain-linked fencing and padlocked gate provide added security, offering peace of mind to both tenants and property owners. With a total of 10 bays, including 5 bays leased to a single party and 5 bays rented individually, this property caters to various business needs, ensuring a continuous income. Approximately 3 acres of the property are available for individual outside rental space for an additional revenue. The 4-bay rental unit is equipped with electricity and restroom facilities, enhancing tenant convenience and satisfaction. The current rental arrangements guarantee a stable income stream, with the potential for further growth through leasing the remaining space or expanding the existing facilities.
Details
| MLS# | 813073 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1984 |
| Days On Site | 136 |
| Listing Provided By | Century 21 West Slope Realty | Gerry Parker |
Features
| Bath(s) | 1 Total |
|---|---|
| SQ Feet | 7,800 |
| Story(s) | 1 |
| Units | 10 |
| Acreage | 3.58 |
Market Activity 81321
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Learn More About This Property
| State | CO |
|---|---|
| County | Montezuma |
| City | Cortez |
| Zip Code | 81321 |
| Area | Montezuma County Rural NW |
| Listing VS Median (in 81321) | |
Price: $499,000 low | high Med: $370,000 SqFt: 7,800 low | high Med: 1,488 $ / SqFt: $64 low | high Med: $257 On Site: 136 low | high Med: 413.5 | |