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Off market
  • $397,200

    490 S Broadway, Cortez, CO 81321

    --beds
    2,542sqft
    MultiFamily
    Built in 1990
    -- sqft lot
    $397,200 Zestimate®
    $156/sqft
    $1,411 Estimated rent

    Home value

    $397,200

    $350,000 - $453,000

    $1,411/mo

    Zestimate® history
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    $2,233/mo

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    What's special

    Utility sinkShop areasNavien tankless water heaterLarge shop areaSeparate shop areaCabinet space

    Commercial/Business property near the popular Sonic, Arby's, and new Popeye's Chicken locations as well as all new car dealerships. This listing includes the real estate, business equipment, and assets - but not the existing business name, records, signs, training, computer, or other relative assets, unless negotiated separately. The business assets may be sold separately from the real estate for $95K for those who have their own business venture, and may also include an extended lease agreement for the real estate. The real estate may not be sold separately from the business assets. The property features one large shop area with three work bays, 3 overhead roll-up doors on the east and one on the west (for drive-through), plus an attached carport bay outside; all four of these bays has a drainage/mud pit. There is shelving and cabinet space for tools, supplies and equipment. Two furnaces are located within this section that heat these bays along with the rest of the building. Also, a clothes washer and dryer are included. Another separate shop area has a single bay with an overhead roll-up door on the north side and includes all of the equipment and inventory/supplies for window tinting. This bay has also been used for checking interlock systems, windshield replacement and repairs. It contains storage of supplies, a refrigerator/employee break room, shelving, cabinets, and solid concrete floor. The main area includes the office and customer counter / waiting space, storage and water heater closet, utility sink and coffee machine/microwave, plus all existing furniture and equipment. It offers entry from both shop areas, in addition to ingress and egress from the north parking lot and south main entrance on 5th Street. The 1/2 bathroom and mechanical room are accessed from the exterior, south side. This corner location provides front and rear parking for customer and employee vehicles as well as easy access on to 5th Street and Broadway. The roof was repaired and coated during 2021, along with the required installation of a backflow prevention device. A Navien tankless water heater was installed 2022 and all sewer lines have been recently cleaned and inspected. The Seller is related to the listing agent. EXCLUDED from any transfer is the metal storage container, which belongs to another individual and will be removed.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 1
    • 1/2 bathrooms: 1
    Interior area
    • Total interior livable area: 2,542 sqft

    Property

    Lot
    • Size: 0.28 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1990

    Community & neighborhood

    Location
    • Region: Cortez

    Price history

    DateEventPrice
    1/17/2023Listing removed--
    Source: RE/MAX International Report a problem
    1/9/2023Listed for sale$425,000$167/sqft
    Source: RE/MAX International #800372 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 81321

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.