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617 W Platte Ave

Fort Morgan, CO 80701
  • $559,000
  • STATUS: Active
  • ON SITE: 245 Days
  • MLS #: 991245
UPDATED: 79 min ago
$559,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1981
County:

School Ratings & Info

Description

INCOME INCREASED & ENTIRE BASEMENT NOW AVAILABLE TO RENT! Fabulous brick commercial property with 3 operating businesses located on Platte Ave. Platte runs east/west all the way through Fort Morgan. This property is located across from Safeway & sits between a liquor store & a laundromat. A very prominent business location! There is a full basement with this building that is very underutilized; could be room for additional income! If you looked at this opportunity before, the rents have been updated & leases renewed! Take another look at it!

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© 2024 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 Keller Williams Realty Northern Colorado - Old Town. Data last updated: 2024-03-02T20:42:37.917.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.discovercoloradohomes.net/homes/141108152
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617 W Platte Ave Fort Morgan, CO 80701

  • Price: $559,000
  • Status: Active
  • On Site: 245 Days
  • Updated: 79 min ago
  • MLS #: 991245
0
Beds
0
Baths
0
½ Baths
0.3
Acres
1981
Built
Neighborhood:
208 MINOR SUB
County:
Morgan
Area:
14 Morgan County (all)
Property Description
INCOME INCREASED & ENTIRE BASEMENT NOW AVAILABLE TO RENT! Fabulous brick commercial property with 3 operating businesses located on Platte Ave. Platte runs east/west all the way through Fort Morgan. This property is located across from Safeway & sits between a liquor store & a laundromat. A very prominent business location! There is a full basement with this building that is very underutilized; could be room for additional income! If you looked at this opportunity before, the rents have been updated & leases renewed! Take another look at it!
Exterior Features

Construction Materials Brick/Brick Veneer Exterior Features Lighting Horse YN No Lot Features CurbsGuttersSidewalksWithin City Limits Parking Features Alley AccessPaved Road Frontage Type City Street Road Surface Type PavedAsphalt Roof Composition Spa YN No Waterfront YN No

Interior Features

Accessibility Features Level Lot Basement Full Building Area Total 8800 Cooling Refrigeration/HVAC Cooling YN Yes Heating Forced Air Heating YN Yes Living Area Source Assessor

Property Features

Association YN No Business Type Professional/Office Cap Rate -1.01 Ditches Active YN No Electric ElectricCity of FM Exclusions All of the Three (3) Tenants personal & business property Gas Natural GasCity of FM Gross Income 5000 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventional1031 Exchange Locale Fort Morgan Net Operating Income -5624.08 New Construction YN No Operating Expense 10624.08 Possible Use Commercial or Industrial Property Condition Not NewPreviously Owned Property Sub Type Sale: Commercial/Industrial Sale Includes Building(s)LandLeases Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 10624.08 Tenant Pays GasElectricityWaterSewer Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity of Fort Morgan Zoning B-1

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Mandy Weichel of Colorado Land Co. LLC: 9703702660.



© 2024 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 Keller Williams Realty Northern Colorado - Old Town. Data last updated: 2024-03-02T20:42:37.917.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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Fort Collins CO, 80524