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Fort Morgan, CO 80701 217 Prospect St

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Presented By: ;
  • MLS# 1040321
  • 07/29/2025
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    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
    Request Tour
    Request Info
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