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625 W Platte Ave

Fort Morgan, CO 80701
  • $695,000
  • STATUS: Active
  • ON SITE: 92 Days
  • MLS #: 1014172
$695,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1981
County:

School Ratings & Info

Description

Cushman & Wakefield and URealty are pleased to present 625 West Platte Avenue, a fully leased retail/office investment opportunity. The property includes three units that are currently leased by salon and spa businesses with terms expiring in 2025, 2026, and 2028. Located near the corner of W Platte Ave and West St, the property is very walkable and sees approximately 7,800 vehicles per day. Fort Morgan offers a friendly, hometown atmosphere and a healthy, diverse economy, making it an excellent location for an investment.

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© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2024-10-12T23:41:09.41.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.searsrealestate.com/homes/152559647
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625 W Platte Ave Fort Morgan, CO 80701

  • Price: $695,000
  • Status: Active
  • On Site: 92 Days
  • MLS #: 1014172
0
Beds
0
Baths
0
½ Baths
0.29
Acres
1981
Built
Neighborhood:
Subd: 208 Minor Sub, Rplt Lts 16-23 Blk 30 Riversi
County:
Morgan
Area:
14 Morgan County (all)
Property Description
Cushman & Wakefield and URealty are pleased to present 625 West Platte Avenue, a fully leased retail/office investment opportunity. The property includes three units that are currently leased by salon and spa businesses with terms expiring in 2025, 2026, and 2028. Located near the corner of W Platte Ave and West St, the property is very walkable and sees approximately 7,800 vehicles per day. Fort Morgan offers a friendly, hometown atmosphere and a healthy, diverse economy, making it an excellent location for an investment.
Exterior Features

Construction Materials Brick/Brick Veneer Horse YN No Roof Composition Waterfront YN No

Interior Features

Building Area Total 4400 Cooling Refrigeration/HVAC Cooling YN Yes Heating Forced Air Heating YN Yes Living Area Source Other

Property Features

Association YN No Business Type Professional/OfficeRetailRetail-StripRetail-Showroom Cap Rate 8.03 Ditches Active YN No Gross Income 55800 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Listing Sub Status None Locale Fort Morgan Net Operating Income 55800 New Construction YN No Operating Expense 0 Property Condition Not NewPreviously Owned Property Sub Type Sale: Commercial/Industrial Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tenant Pays All Operating Costs (used alone) Water Source City WaterCity Zoning B-1

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Travis Ackerman of Cushman Wakefield: 3032923700.



© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2024-10-12T23:41:09.41.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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