Brenda Bates - Broker Associate RE/MAX Mesa Verde Realty

1551 South Broadway Cortez, CO 81321

  • Price: $599,000
  • Status: Expired
  • Type: Commercial
  • Bedrooms: 0
  • Bathrooms: 2
  • Square Footage: 2550sf
  • Lot Size: 1.33 acres
  • Zoning: Commercial/Business
  • MLS Number: 779884
  • Listing Type: Sale
  • Agency Type: Exclusive


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.

License: 40035238
Member of the Colorado Real Estate Network (CREN)
Member of the Four Corners Board of Realtors
Member of the National Association of Realtors (NAR)
Member of the Colorado Association of Realtors (CAR)