Sold
24194 Road L
Cortez CO, 81321
$1,100,000
$183.33 per sqft
Sold
7.25 Baths
6,000 sqft
Commercial
Built in 2009
This commercial site has excellent frontage and exposure. Constructed of all of the highest quality construction methods and is heated and cooled with an extremely efficient Electric Geo Thermal System. This 9600 SF is the first phase of a Montezuma County approved 3 phase commercial site. The building is virtually maintenance free and self sustaining. There is a mixture of office, residential, and warehouse spaces that include 7 separate leases that provide a monthly income of $8500. The Upper Level contains a beautiful 1,400 sf 2 bedroom, 2 bath apartment with in floor radiant heat and is air conditioned. This apartment is nicely appointed with stainless appliances, washer/dryer and a built in entertainment center with a sound system throughout the home. In a addition to the 1400sf apartment on the upper level there are 4 more 850sf 2 bedroom 1 bath apartments with forced air heat and air conditioning. The Lower Level is entirely heated and cooled utilizing electricity and the use of a ground source heat pump. This system heats and cools the upper level larger apartment plus the lower level 800sf office, 3,600sf shop plus a 400sf laundry room, bathroom and utility room. The Septic system is highly engineered and designed for the expansion of use when and if further apartments are added ( there are stubs for septic already in place in the shop area for 4 additional apartments).
802454
MLSⓇ ID
April 17, 2023
Listed
March 5, 2024
Updated
Map
24194 Road L
Cortez CO, 81321
Interior Features
Total Stories
2
Total Bathrooms
7.25
Floor Description
Concrete, Laminate, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Geothermal
Heating
Yes
Heating Description
Geothermal, Radiant Floor
Exterior/Building Features
Lot Size
6.75 Acres
Lot Features
Corner Lot
Roof
Metal
Sewer
Septic Tank
Other Property Details
Area Name
Montezuma County Rural NW
Taxes
$6,065
Tax Frequency
Annually
Days on Market
275
Garage
No
Parking
Gravel, Parking Space(s)
View
No
County
Montezuma
Water Source
Connected, Water Tap Paid
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
1/17/2024 | Price Change | $1,100,000 -8% |
1/17/2024 | Sold | $1,100,000 |
10/25/2023 | Pending | — |
Courtesy of 4 Corners Properties, Inc. with
Listing Contact: 970-749-7992
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Data last updated on: 3/5/2024