**HUGE Potential** Own prime commercial real estate in downtown Fort Morgan along Main Street. Building originally home to the local JC Penney store. Property is perfect to showcase a new or thriving business. Great for investors as well! 5000 square feet of open space on the main floor. Lots of additional square footage in the basement, 2nd story balcony and office area. Large display windows! Bring your ideas and join the downtown retail community. Lots of foot traffic especially during Main Street community events including the car show, Bobstock, parades, park events and more.
Presented By: Platte River Realty LLC; 9708671181
Interior Features for 321 Main St
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
BasementPartial
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesHigh Speed Internet
General for 321 Main St
Attached Garage No
Business TypeRetail-Downtown
Cap Rate-0.47
CityFort Morgan
Construction MaterialsBlock
CoolingRefrigeration/HVAC
CountyMorgan
ElectricElectric, City of FM
ExclusionsSeller's Personal Property
Garage Y/NNo
Gas Y/NNatural Gas, City of FM
Gross Income
HOANo
HeatingForced Air
High School DistrictFort Morgan RE-3
Land Lease Y/NNo
Living Area UnitsSquare Feet
Lot Size Square Feet5000
Lot Size UnitsSquare Feet
MLS AreaMorgan
Net Operating Income-2315
New ConstructionNo
Operating Expense2315
Possible UseCommercial or Industrial
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeSale: Commercial/Industrial
Property TypeCommercial Sale
RoofRubber
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive
Subdivision NameFort Morgan Original Town
Tax Annual Amount2315
Tax Year2024
Tenant PaysNone
UtilitiesNatural Gas Available, Electricity Available
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