$1,100,000

24194 Road L, Cortez CO, 81321

Price per sqft$183.33

Built in2009

Property size6,000 sqft

Property typeCommercial

Bought with Scott Wallace with 4 Corners Properties, Inc. and Listed by Scott Wallace with 4 Corners Properties, Inc. 970-749-7992

Overview

Sold

Closed

Listed Apr 17, 2023

Updated 3 weeks ago

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).

Additional information

MLS^® ID: 802454

Interior Features

Bathrooms: 9
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 6.75 Acres

Other Property Details

Taxes: $6,065
Tax Frequency: Annually

Bought with Scott Wallace with 4 Corners Properties, Inc. and Listed by Scott Wallace with 4 Corners Properties, Inc. 970-749-7992

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Data last updated on: 8/26/2026