628 W 5th

Cortez, CO 81321
Square Ft.
7,500
$995,000
Attention Investors! The ideal investment property is ready for you. This 7,500 sqft commercial building in Cortez Colorado has had only one tenant for the past 20+ years…the US Department of Agriculture! The Lease was extended last year for another 5 year term, and will generate consistent cash flow forRead MoreRead Less
Market LogoCourtesy of Paul Beckler, Regents Real Estate Group Inc. 970-759-4065
Listing Snapshot
Days Online
89
Last Updated
Property Type
Office
Square Ft.
7,500
Lot Size
2.29 Acres
Year Built
1995
MLS Number
821714
30 Days Snapshot Of 81321
$445k
+26%
(avg) sold price
9
+50%
homes sold
74
-60%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1995, 7,500 apx total sqft, 7,500 finished sqft, 7,500 office sqft, 1 of unit, Furnished: Unfurnished
Cooling
Central A/C
Expenses
Gross annual expenses : $73,000
Floors
1, Carpet, Tile
Water Features
Water rights/Irrigation: No, Public
Heating
Forced Air, Natural Gas
Income
Gross scheduled income : $173,000
Interior Features
Fluorescent
Lot
2.29 approximate total acres
Miscellaneous
Vacancy factor prcnt: 0
Owner Pays
Building Insurance, Electric, Ext Maintenance (Bldg), Gas, Janitorial, Real Estate Taxes, Sewer/Water, Site Maintenance (Prop), Snow Removal
Parking
20 + Total Spaces, Off Street, Paved
Property
Zoning: Commercial, Property description: Landscaped, Sprinklers, Possible property use: General Office, Mixed-Use, Other, Special Use, Commercial, General Office, Office Warehouse
Roof
Membrane
Sewer
Public Sewer Installed
Taxes
Total taxes : $11,250, Tax year: 2024
Utilities
Internet service, Existing utilities: Electric, Natural Gas, Sanitary Sewer, Water
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