Commercial property located near downtown Sterling - full of potential for the right investor! The building is in poor condition and will require significant renovation. Electricity and gas are currently disconnected; buyer to verify with Xcel Energy what would be needed for reconnection. Daytime showings only - please bring a flashlight. Buyer to verify all square footage and property details. This property is part of an estate and will be sold as-is, where-is. A great fixer-upper opportunity close to Sterling's downtown corridor!
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Interior Features for 125 Douglas St
Other Interior Features
LivingAreaSourceAssessor
BasementNone
General for 125 Douglas St
AccessibilityLevel Lot
AttributionContact9705222009
Availability Date2025-10-10
Business TypeVariety
Cap Rate-0.42
CitySterling
Construction MaterialsBlock
CoolingNone
CountyLogan
ElectricXcel Energy
Expected Active Date 2025-10-17
Gross Income
HOANo
HeatingNone
Lease Amount FrequencyNot Leased
MLS AreaLogan
Net Operating Income-313
New ConstructionNo
Operating Expense313
Parcel Number38052532211016
Possible UseBusiness
Property TypeCommercial Sale
RoofMetal
SewerPublic Sewer
Standard StatusPending
StatusPending
Subdivision NameB&M 1st Add
Tax Annual Amount313
Tax Year2024
Tenant PaysNone
Unit127
UtilitiesNatural Gas Available, Electricity Available
Year Built1940
ZoningCB
Exterior for 125 Douglas St
Building Area Total3754
Irrigation Water Rights Y/NNo
Lot FeaturesLevel, Paved, Curbs, Gutters, Sidewalks, Alley
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