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Fort Morgan, CO 80701 625 W Platte Ave

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Presented By: Cushman Wakefield; 3032923700
  • MLS# 1014172
  • 07/10/2024
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    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
    CoolingRefrigeration/HVAC
    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
    WaterfrontY/NNo

    Additional Details

    Price History

    Nathan Washam

    Broker/Owner
    Price $695,000
    MLS#1014172
    List Date 07/10/2024
    Property Type Commercial
    Phone 970.988.8295
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