$330,000

318 E Main St Cortez, CO 81321

$3,919
Closing credit¹
2 beds
1 bath
1,148 sqft
0.1 acres
$287 / sqft
House

Property details

About 318 E Main St

Prime Investment Opportunity with Residential, Office, or Mixed-Use Potential in the Heart of Cortez, Colorado! This fully renovated Main Street property presents a rare opportunity for residential, commercial, or mixed-use development. The upstairs space offers potential for a studio apartment or professional offices—ideal for short-term rentals, long-term tenants, owner's quarters or workspaces. Seller is adding a brand new 3/4 bath upstairs soon! Retain the established coffee shop below for ongoing rental income, or reimagine the entire space to suit your business or residential vision. Recent upgrades include updated electrical, plumbing, drywall, flooring, paint, bathroom, doors, and lighting—plus two sewer taps—making it turnkey for a variety of uses. Ample parking includes ten spaces in the rear and additional spots out front, offering convenience for tenants, customers, or clients. The high-visibility Main Street location ensures strong foot traffic and excellent exposure. Whether you’re looking to run aa short term or long term rental, create office suites, or blend commercial and residential uses, this property offers the flexibility and location to bring your vision to life. Schedule your showing today and explore the full potential of this standout investment in downtown Cortez!

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Other
StatusActive
Size1,148 sqft
BasementYes
Lot size0.15 Acres
Year built1933
MLS #819859

Summary

  • Basement: Yes
  • Flooring Type: Tile
  • Total Bedroom Count: 2
  • Heating: Natural Gas, Other
  • List Price: $330,000
  • Price/SqFt: $287
  • Annual Tax Amount: $2,886
  • Tax Year: 2023
  • Directions: Property located on the North side of Main St in Cortez between Washington St and Madison St
  • Year Built: 1933
  • Stories: 2
  • Living Area: 1,148 SqFt
  • Lot Size: 0.15 Acres
  • MLS Number: 819859
  • Office Name: Berkshire Hathaway HomeServices Colorado Properties
  • Listing Agent: Holly Matson

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Equal Housing 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.
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Last updated on: 6/24/2025, 11:45:30 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

318 E Main St, Cortez, CO 81321 - view of front of house featuring stucco siding, a metal roof, french doors, and a fenced front yard

$330,000

318 E Main St

$3,919

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
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

YearAssessmentProperty 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. Most families are single, no kids. Residents of this area typically 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 SkatingFigure Skating
  • Extreme SportsExtreme Sports
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • KmartKmart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Little CaesarsLittle Caesars
  • SonicSonic

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • OldiesOldies
  • CountryCountry
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 318 E Main St

The listing price of 318 E Main St property is $330,000.

The property 318 E Main St is a house located in Cortez, Colorado, 81321.

Active Listing: 318 E Main St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 318 E Main St are: Kemper Elementary School (GreatSchools Rating 4/10), Mesa Elementary School (GreatSchools Rating 5/10), Dolores Elementary School (GreatSchools Rating 4/10), Montezuma-Cortez Middle School (GreatSchools Rating 5/10), Montezuma-Cortez High School (GreatSchools Rating 4/10), Southwest Open Charter School (GreatSchools Rating 1/10), Dolores High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $2,886 (source: MLS/based on county public records data).

The last sale was on September 27, 2022 for $250,000 (source: MLS/tax record).

The property at 318 E Main St has 2 bedrooms and 1 bathroom.

The property 318 E Main St is 1,148 SqFt (source: MLS/tax record).

The year of construction for 318 E Main St is 1933.

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 $330,000.

The number of homes for sale in Cortez, CO increased by 27.7% between April and May 2025. Listings spent 104 days on the market in May 2025, and had a median list price of $399,999 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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