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Fort Morgan, CO 80701 217 Prospect St

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Presented By: ;
  • MLS# 1040321
  • 07/29/2025
  • Request Tour
  • Request Info
  • SQFT • 8,025

Home Details

This nice 5 unit stucco-ed building is located in the downtown area just 2 blocks east of Main St at the intersection of Prospect St & Kiowa Ave. All 5 units are currently occupied. 4 units are located at 217, 223, 229 & 231 Prospect St. The 5th unit is located at the north side of the building at 218 E Kiowa Ave. Each of the 5 units/offices are nicely updated with some having their own waiting areas, small break areas & one or more restrooms. The property offers a large private parking lot on the east & south side of the building. Also offers good off street parking. A heavily constructed covered canopy located on the east side, gives handicap customers easy access to the drivers license division and an insurance office. The building has a beautiful stucco-ed exterior. Located one block from the post office.
Presented By: ;

Interior Features for 217 Prospect St

Other Interior Features

LivingAreaSourceAssessor
BasementSlab

General for 217 Prospect St

AppliancesNo Inclusions
AttributionContact9708675644
Building FeaturesPaved Parking
Business TypeIncorporated Area, Professional/Office
Cap Rate6.78
CityFort Morgan
Construction MaterialsBlock, Stucco
CoolingCentral Air
CountyMorgan
ElectricCity
ExclusionsAny and all personal property items of tenants and sellers.
Expected Active Date 2025-07-30
Gross Income87888
HOANo
HeatingForced Air
MLS AreaMorgan
Net Operating Income50864
New ConstructionNo
Operating Expense37024
Parcel Number122906423001
Possible UseCommercial, Industrial
Property SubtypeOffice
Property TypeCommercial Sale
RoofOther
SewerPublic Sewer
Standard StatusActive Under Contract
StatusActive/Backup
Subdivision NameOriginal Town
Tax Annual Amount14859
Tenant PaysDeposit, Gas, Electricity
Unit231
UtilitiesNatural Gas Available, Electricity Available
Year Built1964
ZoningB-1

Exterior for 217 Prospect St

Building Area Total8025
Irrigation Water Rights Y/NNo
Lot FeaturesCorner Lot, Level, City Limits, Paved, Curbs, Gutters, Sidewalks, Alley
Lot Size Acres0.5
Lot Size Area21700
Road Frontage TypeCity Street, Alley
Water SourceCity
Waterfront Y/NNo

Additional Details

Price History

Nathan Washam

Broker/Owner
Price $749,900
MLS#1040321
List Date 07/29/2025
Property Type Backup
Phone 970.988.8295
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