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1551 S Broadway

Cortez, CO 81321
  • $610,000
  • STATUS: Active
  • ON SITE: 129 days
  • MLS #: 779884
UPDATED: 37 min ago
$610,000
  • 0
    BEDS
  • 1.33
    ACRES
  • 0
    BATHS
  • 2
    1/2 BATHS
  • 2,550
    SQFT
  • $239
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1974
County:
Area:

School Ratings & Info

Listing courtesy of Re/Max Mesa Verde Realty.


Description

In Cortez, this established used car dealership is for sale with real estate included; 1.33 acres. Sales have typically been in excess of $1.5M annually between this and the sister location in Durango (that biz opportunity is included in this listing without any real estate - but may also be sold separately). Automobile inventory existing at closing is offered in addition to the sales price, at Seller cost. That inventory is tied to a Floor Plan, so a Purchaser must pay off or obtain credit to continue Floor Plan. This Cortez property is fenced and includes some ancillary structures; plus, all trade fixtures will stay. The Durango location includes the business opportunity and only that FFE and trade fixtures owned by the Seller. To facilitate a smooth transition, the Seller is very willing to train and provide support for a negotiable period of time, along with the probability current staff members will stay in position. The Cortez location has three employees (two of those for 3 years and 14 years, respectively) along with the business owner. The Durango location has one employee (11 years). Services available and historical have included: mechanical repairs, detailing of customer vehicles, windshields, financing, warranties, and consignment sales.

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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, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Dawn Howe Group | Keller Williams Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2021-07-30T09:56:22.683.
www.crestedbutteliving.com/homes/115345701
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1551 S Broadway Cortez, CO 81321

  • Price: $610,000
  • Status: Active
  • Updated: 37 min ago
  • MLS #: 779884
0
Beds
0
Baths
2
½ Baths
1.33
Acres
2,550
SQFT
$239
$/SQFT
1974
Built
Neighborhood:
None
County:
Montezuma
Area:
Cortez
Property Description
In Cortez, this established used car dealership is for sale with real estate included; 1.33 acres. Sales have typically been in excess of $1.5M annually between this and the sister location in Durango (that biz opportunity is included in this listing without any real estate - but may also be sold separately). Automobile inventory existing at closing is offered in addition to the sales price, at Seller cost. That inventory is tied to a Floor Plan, so a Purchaser must pay off or obtain credit to continue Floor Plan. This Cortez property is fenced and includes some ancillary structures; plus, all trade fixtures will stay. The Durango location includes the business opportunity and only that FFE and trade fixtures owned by the Seller. To facilitate a smooth transition, the Seller is very willing to train and provide support for a negotiable period of time, along with the probability current staff members will stay in position. The Cortez location has three employees (two of those for 3 years and 14 years, respectively) along with the business owner. The Durango location has one employee (11 years). Services available and historical have included: mechanical repairs, detailing of customer vehicles, windshields, financing, warranties, and consignment sales.
Exterior Features

Acreage Range 1-1.99 Carport Yes Carport Spaces 1 Lot Dimension 57934.8 Sf Parking DirtOn StreetOff StreetGravelFenced20 + Total SpacesOther Property Attached No Sewer Public Sewer Installed Stories 1 Street Description State HighwayCountyCity/TownGravelDirt Water Well No Waterfront YN No

Interior Features

Cooling Type Evaporative Cooler Finished Sq Ft 2550 Furn Fixt Equip included Heating Fuel Source Propane Heating System Forced Air One Quarter Baths 0 Total Offices 0

Property Features

Approx Inv Tbd Books Available Yes Cam No Covenants No Current Business Used Car Dealerships Current Use Retail StorefrontAutomotiveService Desc Of Business Sale Of Used Automobiles Documents On File Legal DescriptionProfit/Loss Exchange Trade No Existing Utilities ElectricInternetPhonePropane-Tank LeasedSanitary SewerWater Fixtures Included No Inventory Included No Lease Included No New Construction YN No Owners Association No Possible Property Use AutomotiveManufacturingMixed-UseOffice WarehouseOtherRetail StorefrontRetail WarehouseWarehouse Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2019 Tenant Pays ElectricGasInterior MaintenanceJanitorialOtherSewer/WaterSite Maintenance (Prop)Snow RemovalTrash Total Taxes 3138 Type Business Opp Available Type Of Sale Asset Variable Rate No Water Rights No Year Started 2007 Zoning Type BusinessCommercial

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, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Dawn Howe Group | Keller Williams Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2021-07-30T09:56:22.683.
 
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Dawn Howe Group | Keller Williams Realty
218 Maroon Ave. Unit C
Crested Butte CO, 81224
Listing courtesy of Re/Max Mesa Verde Realty.