Coldwell Banker Bozeman Properties
640 S Broadway
Cortez, CO 81321

$1,640,000

Description

88 Room Motel with outdoor pool, leased restaurant, bar, work out room, laundry room! Great potential to keep it as a primarily nightly motel or investigate the possibility of extended stay weekly / monthly rentals - 30 units are currently rented by the week. Cortez, CO is located in the heart of the 4 Corners of America. Easy access to Mesa Verde National Park, Canyon of the Ancients, 4 Corners Monument, public lands, and all kinds of recreational activities. You're within 20 minutes to 2 hours of mountains, the Dolores River, McPhee Lake, the San Juan Mountains of the Rockies, Telluride, and Durango. Hike in the summer, hunt in the fall, ski in the winter and enjoy all four seasons!

Details

MLS#749131
Sub-TypeResale
StatusActive
Year1968
Days On Site46

Features

SQ Feet47,312
Story(s)2
Units88
ZoningCommercial

Market Activity 81321

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Area Information

StateCO
CityCortez
Zip Code81321
AreaCortez
Listing VS Median (in 81321)
Price:
$1,640,000
low | high
Med:
$185,000
100% of Average
SqFt:
47,312
low | high
Med:
1,609
100% of Average
$ / SqFt:
$35
low | high
Med:
$116
100% of Average
On Site:
46
low | high
Med:
74.5
61.744966442953% of Average
Listing Updated: 09/24/2018
MLS Number: 749131
Listing Provided By:
Bonnie Leighton  of  Southwest Realty



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