500 S Market St

—
Beds
—
Baths
9,516 Sq. Ft.
$29 / Sq. Ft.
9,516
Sq. Ft.
$29
per Sq. Ft.

Description

City approved for multifamily. UNIQUE HUGE 9,516 sf. building. Multiple Use on .45 acres corner lot and alley access. Lots of possibilities!. Lots of possibilities! Zoning to be approved through City for future use, Conditional Use Permit could possibly be used for Education, Church or Storage, etc. Utilities include 2" water line, gas lines, Electric phase (120,240). Structure is cinder blocks, open ceiling, five garage doors, separate office and large entrance area into building. According to the...City approved for multifamily. UNIQUE HUGE 9,516 sf. building. Multiple Use on .45 acres corner lot and alley access. Lots of possibilities!. Lots of possibilities! Zoning to be approved through City for future use, Conditional Use Permit could possibly be used for Education, Church or Storage, etc. Utilities include 2" water line, gas lines, Electric phase (120,240). Structure is cinder blocks, open ceiling, five garage doors, separate office and large entrance area into building. According to the city to purchase a 2" water line is $41,299.99. The building was used years ago as a Laundry Mat/Dry Cleaning facility and has an EPA Report showing a clean hazardous report. Again, LOTS OF POSSIBILITES!
  1. Listed by Jo Ann Cauley • Century 21 West Slope Realty

Property Details for 500 South Market Street

Water Front
No
Zoning
Other, Residential, Residential Multi Family
Subdv Name
Chamberlins Addition
LISTING UPDATED: 01/15/2026 12:23 PM

Property Details for 500 South Market Street

StatusActive
MLS #820358
Days on Market373
Taxes$3,112 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTIFAMILY / Other
Year Built1958
Lot Size0.45 AC / 19,602 SF
CountyMontezuma County

Location

Listing Courtesy of Century 21 West Slope Realty, Jo Ann Cauley
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Building Information for 500 South Market Street

Stories-Residences1Year Built1958Building Size-Lot Size0.45 AC / 19,602 SF

Payment Calculator

$1,600 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,340

Property Taxes

$259

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 500 South Market Street

Summary
Location and General Information
  • Directions: South of Main Street on Market Street - approximately 5 Blocks. Property on East Side of the Street
Parking
  • Carport Y/N: No
  • Garage Type: Other
  • Garage Capacity: 1
  • Garage Y/N: Yes
  • PARKING: 20+ Total Spaces, Off Street, On Street
School Information
  • Elementary School: Mesa K-5
  • Middle School: Cortez 6-8
  • High School: Montezuma-Cortez 9-12
Taxes and HOA Information
  • Tax Account ID: R009919
  • HOA Y/N: No
  • Tax Year: 2026
  • Total Taxes $: 3111.56
Property
Property and Assessments
  • FIPS Code: 08083
  • Legal/Lot Block: Subdivision: CHAMBERLINS ADDITION Lot: 13-17 Block: 78 & N 15 FT LOT 18 B550 P860 B584 P18-19
  • Photo Count: 12
  • New Construction Y/N: No
  • Covenants Y/N: NO
  • Board Name: Four Corners Board of Realtors
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Lot Size/Acerage: .5 - .99
  • Lot Dimension: 137.5' x142'
  • Parcel ID #: 5.61126347009E11
  • Property Description: Corner
Green Features
  • Green Certification Y/N: No
  • HERS Rated Y/N: No
  • Energy Star Qualified Y/N: No
  • LEED for Homes Y/N: No
  • NAHB/NGBS-ICC 700 Y/N: No
Utilities
  • Domestic Water/Sewer: City Sewer, City Water
  • Metered: Metered for Electricity, Metered for Gas, Metered for Water
  • Water Well: No
Multi Family
Multi-Family Information
  • Multi Story: No
  • # of Units: 1
Interior and Exterior Features
Room Information
  • 1/2 Baths: 0
  • 3/4 Baths: 0
  • 1/4 Baths: 0
  • Total Baths: .00
  • Total Office/Den(s): 0
Interior Features
  • Furnished: Unfurnished
  • Main SF: 9516
  • Florring: Other
  • Foundation/ Basement: Slab, Concrete
Exterior Features
  • Horse Setup: No
  • Siding: Other

Property History for 500 South Market Street

DateEvent & SourcePriceAppreciation
Jan 7, 2025

Listed (Active)

CRENMLS #820358

$275,000—
Oct 1, 2024

Expired

CRENMLS #811219

—
Feb 29, 2024

Price Change

CRENMLS #811219

$265,000—
Feb 29, 2024

Listed (Active)

CRENMLS #811219

$260,000—
Jul 23, 2015

Withdrawn

CRENMLS #685966

—
Oct 4, 2013

Listed (Active)

CRENMLS #685966

$47,500—
Jan 25, 2013

Withdrawn

CRENMLS #652594

—
Nov 15, 2010

Listed (Active)

CRENMLS #652594

$45,000—
DateEvent & SourcePrice
01/07/2025

Listed (Active)

CRENMLS #820358

$275,000
10/01/2024

Expired

CRENMLS #811219

—
02/29/2024

Price Change

CRENMLS #811219

$265,000
02/29/2024

Listed (Active)

CRENMLS #811219

$260,000
07/23/2015

Withdrawn

CRENMLS #685966

—
10/04/2013

Listed (Active)

CRENMLS #685966

$47,500
01/25/2013

Withdrawn

CRENMLS #652594

—
11/15/2010

Listed (Active)

CRENMLS #652594

$45,000

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

Public Records for 500 South Market Street

Taxable ValueLand$18,181Additions$32,325Total$50,506
Tax Record2024$2,967 ($247 / month)
Home Facts
Total Finished SqFt9,516 SqFtAbove Grade Finished SqFt9,516 SqFtStories1Lot Size19,863 SqFtStyleLight IndustrialYear Built1958ZoningMHCountyMONTEZUMAAPN561126347009

Schools near 500 South Market Street

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

Cortez Middle School
Public6 to 8

Montezuma-Cortez High School
Public9 to 12

Mesa Elementary School
PublicK to 5

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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500 South Market Street is a multi-family home for sale in Cortez, CO 81321. This property was listed for sale on January 8, 2025 by Century 21 West Slope Realty, it's currently listed at $275,000. This listing's school district is Montezuma-Cortez Re-1 School District. Nearby schools include Manaugh Elementary School, Cortez Middle School and Montezuma-Cortez High School. 500 South Market Street is a 0-bed, 0-bath, 9,516 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 West Slope Realty, Jo Ann Cauley

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.