# 1 W 1st Street #7 W 1St Street, Cortez, CO 81321

> **TL;DR:** 0bd/3ba commercial, $249,000 ($95/sqft), built 1922, 2,610 sqft. Est. $1,332/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $249,000 |
| Price/sqft | $95 |
| Bathrooms | 3 |
| Square Feet | 2,610 |
| Year Built | 1922 |
| Lot Size | 6,970 sqft (0.16 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,259 |
| Estimated Insurance | $73 |
| **Total** | **$1,332** |

## Property Highlights

- Built in 1922
- 0.16 acre lot

## Description

### Agent Description
Mindi Clark, United Country Blue Sky Homes and Land, C:,,: Prime downtown Cortez commercial investment one block off Main Street. Three units across two buildings with a fully occupied pro forma cap rate of 11.0%+. The main building is currently vacant and was last leased at $1,850/month(this included the studio), offering immediate opportunity to add value and maximize returns. The attached studio is leased through March 2027 at $700/month and the tanning salon through July 2027 at $850/month. New roof on the main building completed April 2025 and fresh exterior paint on both buildings as of June 2026. The 7 W. 1st Street building carries a City of Cortez historic designation, unlocking valuable tax incentives and renovation benefits. Zoned Neighborhood Commercial with flexibility for professional, residential, or multifamily use, subject to buyer due diligence. Steady current income, upside in the vacant unit, tax advantages, and redevelopment potential all in one package. Opportunities like this in downtown Cortez don't come around often.

## Location

- **Address:** 1 W 1st Street #7 W 1St Street, Cortez, CO 81321
- **County:** Montezuma
- **Coordinates:** 37.347406, -108.585441
- **Google Maps:** https://www.google.com/maps?q=37.347406,-108.585441

## Listing Agent

- **Name:** Mindi Clark
- **Brokerage:** United Country Blue Sky Homes and Land
- **Broker Phone:** (970) 516-1759
- **Listing URL:** [View original listing](https://www.crenmls.com/property/A/398-836302)

## Photos

![1 W 1st Street #7 W 1St Street - Photo 1](http://lh.rdcpix.com/8875f9236c14ea7db09642778e4709d7l-f2269884232r.jpg)

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![1 W 1st Street #7 W 1St Street - Photo 32](http://lh.rdcpix.com/8875f9236c14ea7db09642778e4709d7l-f2114765773r.jpg)

![1 W 1st Street #7 W 1St Street - Photo 33](http://lh.rdcpix.com/8875f9236c14ea7db09642778e4709d7l-f1108467408r.jpg)

![1 W 1st Street #7 W 1St Street - Photo 34](http://lh.rdcpix.com/8875f9236c14ea7db09642778e4709d7l-f747428495r.jpg)

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---

**MLS#:** 836302 | **Updated:** 2026-10-29
**Source:** listhub

*Copyright © 2026 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/1-w-1st-street-cortez-co-81321-30768c46000c4f4db7e150be2a249b30)

---

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