$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.
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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: 3/13/2025, 10:20:53 PM 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. The majority of Cortez, CO residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
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
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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.
In February 2025 in Cortez, CO there were 20.4% more homes for sale than in January. 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.