Fort Morgan, CO 80701 625 W Platte Ave
$695,000
2 more
Presented By: Cushman Wakefield; 3032923700
Home Details
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.
Presented By: Cushman Wakefield; 3032923700
Interior Features for 625 W Platte Ave
Other Interior Features
LivingAreaSourceOther
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
General for 625 W Platte Ave
Attached Garage No
Business TypeProfessional/Office, Retail, Retail-Strip, Retail-Showroom
Cap Rate8.03
CityFort Morgan
Construction MaterialsBrick/Brick Veneer
CoolingCentral Air
CountyMorgan
Garage Y/NNo
Gross Income55800
HOANo
HeatingForced Air
Land Lease Y/NNo
Living Area UnitsSquare Feet
Lot Size Square Feet12632
Lot Size UnitsSquare Feet
MLS AreaMorgan
Net Operating Income55800
New ConstructionNo
Operating Expense0
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeSale: Commercial/Industrial
Property TypeCommercial Sale
RoofComposition
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive
Subdivision NameSubd: 208 MINOR SUB, RPLT LTS 16-23 BLK 30 RIVERSI
Tenant PaysAll Operating Costs (used alone)
Year Built1981
ZoningB-1
Exterior for 625 W Platte Ave
Building Area Total4400
Horse Y/NNo
Lot Size Acres0.29
Lot Size Area12632
SpaNo
Water SourceCity Water, City
Waterfront Y/NNo
Additional Details
Price History
