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    324 E Railroad Ave

    Fort Morgan, CO 80701
    • $688,000
    • STATUS: Active
    • ON SITE: 73 days
    • MLS #: 934247
    $688,000
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1994
    County:

    School Ratings & Info

    Description

    Well known multi unit commercial building near the downtown of Fort Morgan! This building has always had such a classic look & feel with updates throughout & multiple long term tenants in place! The building sits on a corner lot with parking on the side & front as well as parking in the back for the tenants. 4 zones for heating & cooling which allows tenants to regulate according to their needs. A must see property if you are looking for your next investment!

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    © 2021 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 Downtown Real Estate Partners, LLC.. Data last updated: 2021-05-10T23:38:52.83.
    www.downtownre.com/homes/114570492
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    324 E Railroad Ave Fort Morgan, CO 80701

    • Price: $688,000
    • Status: Active
    • MLS #: 934247
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    1994
    Built
    Neighborhood:
    Fort Morgan Old Town
    County:
    Morgan
    Area:
    14 Morgan County (all)
    Property Description
    Well known multi unit commercial building near the downtown of Fort Morgan! This building has always had such a classic look & feel with updates throughout & multiple long term tenants in place! The building sits on a corner lot with parking on the side & front as well as parking in the back for the tenants. 4 zones for heating & cooling which allows tenants to regulate according to their needs. A must see property if you are looking for your next investment!
    Exterior Features

    Construction Composition Siding Location Description Corner LotWithin City Limits Lot Improvements Street PavedCurbsSidewalks Property Views City View Road Access City Street Waterfront No

    Interior Features

    Basement Foundation No Basement Cooling Refrigeration/Hvac Heating Forced Air Inclusions No Inclusions

    Property Features

    Capitalization Rate 9.49 Commercial Industrial Type OfficeOffice CondominiumExecutive SuitesRetail-Freestanding Energy Star Certified No Gross Operating Income 74400.0000 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status None Locale Brush Nahb Certified No Net Operating Income 65301.5600 New Construction Status Not NewPreviously Owned New Financing CashConventional1031 Exchange Ownership Private Owner Possible Usage BusinessCommercial Or Industrial Taxes 9098.44 Tenant Pays Nothing Total Operating Expense 9098.4400 Zoning Commercial

    Listing information © 2021 Information and Real Estate Services
    Listing provided courtesy of Mandy Dreier of Colorado Land Co. Llc.



    © 2021 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 Downtown Real Estate Partners, LLC.. Data last updated: 2021-05-10T23:38:52.83.
     
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    Downtown Real Estate Partners, LLC.
    528 S. Howes St.
    Fort Collins CO, 80521