Active
1,148 sqft

318 E Main St, Cortez, CO 81321

Est: $1,918/moGet pre-approved
Mixed UseProperty Type
0.15 acresLot Size
1933Year Built
$260/sq ftPrice per sq ft
12 carsParking Spaces

Description

Residential commercial building in the heart of downtown Cortez! Start your business in a landmark location, in the shade of an ancient spruce tree. This cute adaptable building is a unique mixed-use property with plenty of cozy character. The ground floor is currently leased to a successful coffee shop operator who owns the business and all kitchen equipment. Customers come for breakfast, lunch, coffee and secluded conversation in the nooks and crannies of this charming venue. Tenant has a stable,...Residential commercial building in the heart of downtown Cortez! Start your business in a landmark location, in the shade of an ancient spruce tree. This cute adaptable building is a unique mixed-use property with plenty of cozy character. The ground floor is currently leased to a successful coffee shop operator who owns the business and all kitchen equipment. Customers come for breakfast, lunch, coffee and secluded conversation in the nooks and crannies of this charming venue. Tenant has a stable, successful business, and is open to staying on with a new owner or can vacate within 30 days, providing flexibility for investors or owner-operators. The upper level features a small residential apartment with living room, bedroom, 3/4 bath, 2 unfinished storage rooms and a private, separate entrance—ideal for owner occupancy or additional rental income. Prime downtown location with excellent visibility, easy parking in back and on the street. Close to shops, dining, and local attractions. This is an opportunity to purchase the building, not the coffee business, with built-in income potential and multiple use options in a desirable downtown setting.
262 days on Market
  • Listed by: Terry Woodrow • 4 Corners Properties, Inc.
Last updated: 01/23/2026 12:38 AM • Source: CRENMLS, MLS#: 831103
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Location

Listing Courtesy of 4 Corners Properties, Inc., Terry Woodrow
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$1,918 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,596

Property Taxes

$321

HOA Dues

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Property Information for 318 East Main Street

Property Details

  • Taxes: $3,857 / year
  • MLS Type: Commercial / Multi-Use w/Res
  • Water Front: No
  • Zoning: Commercial, Other

Building Information

  • Residences: 1
  • Year Built: 1933
  • Lot Size: 0.15 AC / 6,534 SF

Summary

Location and General Information
  • Directions: HEAD WEST ON MAIN ST, LOOK FOR THE GIANT SPRUCE TREE ON THE NORTH SIDE, BETWEEN MADISON AND WASHINGTON. PARK IN FRONT OR BACK.
  • Property Known As: SPRUCE TREE COFFEE HOUSE
Parking
  • Carport Y/N: No
  • Parking Spaces: 12
  • PARKING: On Street, Off Street, 2-10 Total Spaces
Taxes and HOA Information
  • Tax Account ID: R009129
  • Tax Year: 2026
  • Total Taxes $: 3857

Property

Property and Assessments
  • FIPS Code: 08083
  • Legal/Lot Block: Legal Summary Subdivision: FR COFFINS ADD Lot: 7-8 Block: 6 B583 P191 B590 P15 B649 P387
  • Photo Count: 29
  • New Construction Y/N: No
  • Disclosures: Seller's Prop Disclosure
  • Covenants Y/N: YES
  • Board Name: Four Corners Board of Realtors
Lot Information
  • Special Assemnt Y/N: Yes
  • Water Rights/Irrigation: No
  • Current Property Use: Restaurant, Mixed Use
  • Possible Property Use: Bar/Lounge, Convenience Store, Mixed-Use, Retail Storefront
  • Lot Dimension: RECTANGLE
  • Parcel ID #: 5.61126125006E11
  • SqFt Source: ASSESSOR
Utilities
  • Internet Service Y/N: Yes
  • Internet Provider: Baja Broadband
  • DOMESTIC WATER: Public
  • Existing Utilities: Electric, Natural Gas, Water
  • Water Well: No

Multi Family

Multi-Family Information
  • # of Units: 1

Interior and Exterior Features

Room Information
  • 1/2 Baths: 1
  • 3/4 Baths: 1
  • 1/4 Baths: 0
  • Total Baths: 2.00
Interior Features
  • Furnished: Unfurnished
  • Main SF: 1148
  • Upper SF: 400
  • Florring: Other, Tile, Vinyl, Wood
  • Foundation: Basement-Dug-out
  • Heating Fuel/Source: Natural Gas
Exterior Features
  • Roof: Metal
  • Fence: Other

Rental

Rental Information
  • CAM Y/N: No

Property History for 318 East Main Street

DateEvent & SourcePriceAppreciation
Aug 22, 2026

Listed (Active)

CRENMLS #831200

—
Aug 7, 2026

Pending

CRENMLS #831200

—
Jun 9, 2026

Price Change

CRENMLS #831200

$285,000—
DateEvent & SourcePrice
08/22/2026

Listed (Active)

CRENMLS #831200

—
08/07/2026

Pending

CRENMLS #831200

—
06/09/2026

Price Change

CRENMLS #831200

$285,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 318 East Main Street

Taxable Value

Land

$27,475

Additions

$41,140
Total$68,615

Tax Record

2025

$3,857 ($321 / month)

Home Facts

Beds

0

Total Finished SqFt

1,148 SqFt

Above Grade Finished SqFt

1,148 SqFt

Stories

1

Lot Size

6,534 SqFt

Style

Single Family Residence

Year Built

1933

Zoning

CBD

County

MONTEZUMA

APN

561126125006

Schools near 318 East Main Street

This home is within Montezuma-Cortez Re-1 School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - K to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Kemper Elementary School
PublicK to 5

Children's Kiva Montessori School
CharterK to 8

Montezuma-Cortez High School
Public9 to 12

Cortez Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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318 East Main Street is a mixed use property for sale in Cortez, CO 81321. This property was listed for sale on January 18, 2026 by 4 Corners Properties, Inc., it's currently listed at $299,000. It has been on the market for a total of 262 days and was last sold on September 26, 2022. This listing's school district is Montezuma-Cortez Re-1 School District. Nearby schools include Kemper Elementary School, Children's Kiva Montessori School and Montezuma-Cortez High School. 318 East Main Street is a 0-bed, 2-bath, 1,148 sqft mixed use property built in 1933.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of 4 Corners Properties, Inc., Terry Woodrow

Based on information from one of the following Multiple Listing Services: CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.