Great investment property with two homes giving a wise investor strong rental income. Very close to shopping and parks giving tenants great access to all Cortez has to offer. With the consistent rental demand that we see here in Cortez, this is an incredible opportunity to own a cash-flowing asset in a strong market.
CITY APPROVED FOR MULTIFAMILY. UNIQUE HUGE 9,516 sf. building. Multiple Use on .45 acres corner lot and alley access. LOTS OF POSSIBILITIES!!! . Zoning to be approved through City for future use, Conditional Use Permit could possibly be used for Education, Church or Storage, etc. Utilities include 2" water line, gas lines, Electric phase (120,240). Structure is cinder blocks, open ceiling, five garage doors, separate office and large entrance area into building. According to the city to purchase a 2" water line is $41,299.99. The building was used years ago as a Laundry Mat/Dry Cleaning facility and has an EPA Report showing a clean hazardous report. Again, LOTS OF POSSIBILITES!!!!
Cortez is located in Colorado. Cortez, Colorado has a population of 8,742. Cortez is more family-centric than the surrounding county with 31.88% of the households containing married families with children. The county average for households married with children is 28.74%.
The median household income in Cortez, Colorado is $51,924. The median household income for the surrounding county is $58,335 compared to the national median of $69,021. The median age of people living in Cortez is 37.9 years.
The average high temperature in July is 89.5 degrees, with an average low temperature in January of 15.5 degrees. The average rainfall is approximately 14.1 inches per year, with 48.9 inches of snow per year.
