404 N Main Street, Gunnison, CO 81230
Local realty services provided by:CENTURY 21 West Slope Realty
404 N Main Street,Gunnison, CO 81230
$515,000
- 2 Beds
- 2 Baths
- 1,080 sq. ft.
- Single family
- Active
Listed by: nikki pulitzer
Office: liv sotheby's international realty - cb
MLS#:830163
Source:CO_CREN
Price summary
- Price:$515,000
- Price per sq. ft.:$476.85
About this home

Downtown Gunnison | 4 Contiguous City Lots | 2 Units (1BD/1BA Each) | B-1 Zoning | Opportunity Zone. A rare chance to secure a premium Main Street location with a well-maintained two-unit property, each 1 bedroom and 1 bathroom, situated across four contiguous city lots—offering both immediate income potential and exceptional long-term upside. Enjoy central Gunnison living within walking distance to shops, cafes, Western Colorado University, and the Whitewater Park, or leverage the site’s significant development flexibility. Zoned B-1 (Professional Business), the property supports a wide range of uses—from mixed-use residential to professional office to boutique lodging. The site previously received Conditional Use approvals from both the City of Gunnison and CDOT for a boutique hotel concept. These approvals have expired but provide valuable precedent and a strong foundation for future entitlement work. Located within the federally designated Gunnison Opportunity Zone, the parcel qualifies for capital gains tax incentives, adding meaningful value for long-term investors and developers. With the Gunnison Valley facing a projected housing shortfall of more than 1,000 units by 2029, demand for residential and lodging inventory remains high. Whether you plan to live, rent, hold, or redevelop, 404 N Main Street offers unmatched Main Street potential in the heart of Gunnison....
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Home facts
- Year built:1958
- Listing ID #:830163
- Added:196 day(s) ago
- Updated:June 09, 2026 at 02:31 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Flooring:Hardwood, Tile
- Kitchen Description:Range Top, Range/Oven, Refrigerator
- Living area:1,080 sq. ft.
Heating and cooling
- Heating:Boiler
Structure and exterior
- Roof:Metal
- Year built:1958
- Building area:1,080 sq. ft.
- Lot area:0.29 Acres
- Construction Materials:Stucco
- Exterior Features:Patio
- Levels:2 Story
Schools
- High school:Gunnison 9-12
- Middle school:Gunnison 6-8
- Elementary school:Gunnison 1-5
Utilities
- Water:City Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$515,000
- Price per sq. ft.:$476.85
Features and amenities
- Laundry features:Dryer, Washer
- Amenities:Electricity, Gas Water Heater, Unfurnished
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