$3,551 Closing Credit¹
#821656, Robin Rice, Listing Office: eXp Realty, LLC
#819859·
Listing Office: Berkshire Hathaway HomeServices Colorado Properties·
Listing Agent: Holly Matson
$335,000 List price
318 E Main St Cortez, CO 81321
$3,978
Closing credit¹
2 beds
1 bath
1,148 sqft
0.1 acres
$292 / sqft
House
Property details
About 318 E Main St
**Prime Investment Opportunity with Residential or Mixed-Use Potential in the Heart of Cortez, Colorado!** Unlock the potential of this fully renovated property on Main Street, offering a versatile setup with the possibility two studios upstairs and two studios downstairs. Formerly housing four apartments, this property is primed for residential, mixed-use, or a combination of both. Envision retaining the charm of the coffee shop below while transforming the upstairs into income-generating Airbnb units—or fully convert the property into a residential haven. The property has undergone extensive upgrades, including new electrical, plumbing, drywall, flooring, fresh paint, a modernized bathroom, updated doors, and enhanced lighting. It also has 2 sewer taps. These thoughtful renovations create a turnkey investment with endless possibilities. With ample parking, including ten spaces in the rear and additional spots out front, the property ensures convenience for residents, tenants, and customers alike. Its prime Main Street location guarantees high visibility and traffic, making it ideal for mixed-use purposes or as a residential rental property. Whether you choose to maintain the coffeehouse, lease the studios for long-term tenants, or capitalize on short-term rental opportunities, this property offers the flexibility to align with your vision. The combination of location, upgrades, and versatile layout makes this an exceptional investment opportunity. Schedule a viewing today to explore how you can transform this space into a thriving residential or mixed-use development and secure your place in Cortez’s vibrant Main Street scene!
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Other
StatusActive
Size1,148 sqft
BasementYes
Lot size0.15 Acres
Year built1933
MLS #819859
Summary
- MLS Number: 819859
- Office Name: Berkshire Hathaway HomeServices Colorado Properties
- Listing Agent: Holly Matson
SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice.
TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This listing information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.
WARRANTY: COLORADO REAL ESTATE NETWORK (CREN) MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. COLORADO REAL ESTATE NETWORK SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
COPYRIGHT (2024) by COLORADO REAL ESTATE NETWORK, 121 N PARK AVENUE, SUITE# 4, MONTROSE, CO 81401 USA
ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of Colorado Real Estate Network (CREN).
Real Estate listings held by companies other than this brokerage contain that company's name.
Fair Housing Disclaimer 
PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$335,000
318 E Main St
$3,978
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 27, 2022 | Home Sold | $250,000 |
| Aug 04, 2020 | Home Sold | $175,000 |
| Feb 15, 2013 | Home Sold | $200,000 |
| Apr 27, 2006 | Home Sold | $105,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $62,694 | $2,886 |
| 2022 | $44,447 | $2,461 |
| 2021 | $44,447 | $2,674 |
| 2020 | $44,388 | $2,340 |
| 2019 | $44,388 | $2,346 |
| 2018 | $48,390 | $3,084 |
| 2017 | $48,390 | $3,069 |
History based on county public records data.
Nearby schools
4
Kemper Elementary School
Public District KG-5
0.3 mi
•620 E Montezuma Ave
5
Mesa Elementary School
Public District KG-5
1.0 mi
•703 W 7th St
4
Dolores Elementary School
Public District KG-6
10.0 mi
•12th and Hillside
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
All data from GreatSchools
Neighborhood
The neighbors living near this home have an average income of $61,310. Residents of Cortez, CO typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
24%
<35k
57%
35k-100k
18%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
44%
Single, No Kids
13%
Single, with Kids
29%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
7%
12-17 yrs old
17%
18-34 yrs old
40%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Extreme Sports
Pro Wrestling
Where do the neighbors shop?
Kmart
Academy Sports & Outdoors
Wal-Mart
Where do the neighbors go to eat?
Bob Evans
Little Caesars
Sonic
What do the neighbors drive?
Buick
Chevrolet
Oldsmobile
What do the neighbors listen to?
Oldies
Country- Contemporary Inspirational
All data provided by Home Junction and Claritas
Similar homes for sale
$4,038 Closing Credit¹
#819838, Kimberly Spitzer, Listing Office: RE/MAX Mesa Verde Realty
$3,551 Closing Credit¹
#818678, Gerry Parker, Listing Office: Century 21 West Slope Realty
$4,036 Closing Credit¹
#818525, David Lamke, Listing Office: Summit Vista Realty, LLC
17 hours on Rocket
$2,838 Closing Credit¹
#821946, Mindi Clark, Listing Office: United Country Blue Sky Homes and Land
$4,750 Closing Credit¹
#816242, Kyle Roberts, Listing Office: The Wells Group of Durango, LLC
$2,731 Closing Credit¹
#818847, Amanda Johnson, Listing Office: RE/MAX Mesa Verde Realty
$3,681 Closing Credit¹
#819610, Amanda Maxwell, Listing Office: Maxwell Real Estate LLC
$5,166 Closing Credit¹
#819240, Rebecca Balboni, Listing Office: Coldwell Banker Mountain Properties
$2,351 Closing Credit¹
#817064, Paul Beckler, Listing Office: Regents Real Estate Group Inc.
Frequently asked questions
About 318 E Main St
This home is located at 318 E Main St in Cortez, CO and zip code 81321. This 1,148 square foot home, which was built in 1933, sits on a 0.15 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $335,000.
Between January and February 2025, Cortez, CO real estate market has seen increase in the number of listings by 20.4%. The median list price of listings available in February 2025 was $410,000, while the average time on the real estate market was 116 days.
From Rocket Homes Real Estate and based on county public records data.