Fort Morgan, CO 80701,324 E Railroad Ave
Fort Morgan, CO 80701,324 E Railroad Ave
Fort Morgan, CO 80701,324 E Railroad Ave
Fort Morgan, CO 80701,324 E Railroad Ave
Fort Morgan, CO 80701,324 E Railroad Ave
Fort Morgan, CO 80701,324 E Railroad Ave
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$695,000

$695,000

Est.Price: ?

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Est. payment /mo

6,872 SqFt


SOLD DATE : 09/01/2023

Key Details

Sold Price $695,000

Property Type Commercial

Sub Type Sale: Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 6,872 sqft

Subdivision Fort Morgan Original Town

MLS Listing ID 990243

Sold Date 09/01/23

HOA Y/N false

Abv Grd Liv Area 6,872

Originating Board IRES MLS

Year Built 1949

Annual Tax Amount $9,194

Lot Size 0.310 Acres

Acres 0.31

Property Description

Smart investment opportunity to purchase an income-producing commercial property with established tenants and low vacancy rate. Building has 10 suites which vary in size and number of offices; it has been consistently well-maintained and includes commercial-grade finishes and HVAC system. Property sits on a corner lot in the B-2 (General Business) zoning district with adequate parking and a low-maintenance exterior; it is surrounded by other commercial properties and is easily accessed via a main traffic thoroughfare. The City of Fort Morgan is a rapidly-growing area just 1-hr outside of metro Denver with a strategic economic development plan to encourage and incentivize business growth.

Location

State CO

County Morgan

Area Morgan

Zoning B-2

Rooms

Basement None

Interior

Heating Forced Air

Cooling Refrigeration/HVAC

Exterior

Exterior Feature Lighting

Utilities Available Natural Gas Available, Electricity Available

Waterfront false

Roof Type Composition

Street Surface Paved,Asphalt

Handicap Access No Stairs

Building

Lot Description Curbs, Gutters, Sidewalks, Corner Lot

Water City Water, City of Fort Morgan

Structure Type Wood/Frame,Composition Siding

New Construction false

Others

Senior Community false

Tax ID 122906427001

SqFt Source Assessor

Special Listing Condition Private Owner

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Information and Real Estate Services (IRES)
Listed by Coates Realty Group, LLC • 9708676770
Bought with Cornerstone Brokers, LLC
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“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(970) 518-5462

realestate@chadpatterson.com

201 Coffman Street # 1902, Longmont, Colorado, 80502, United States

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