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EXECUTIVE SUMMARY
Located on the left side of the road as you enter the Town of Morrison sits this 2-parcel historic property. The property consists of two buildings and four individual units, which each are separately metered. The small building (Unit D) at the left of the property, has a lease until June 30, 2026, with rent of $1,723.32 per month, plus expenses of $33 per month. This unit does not have plumbing. The large building (Unit A, B & C) has a short-term tenant in Unit A. Both Units B & C are currently available. Unit C is a residential studio. The assessor shows the main building and detached structure (Unit D) as one item consisting of 1,864 SF.
Operational businesses - Do Not Contact Tenants.
Operational businesses - Do Not Contact Tenants.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,864 SF
Building Class
C
Year Built
1884
Price
$875,000
Price Per SF
$469.42
Tenancy
Single
Building Height
2 Stories
Building FAR
0.29
Lot Size
0.15 AC
Zoning
HD - Historic Downtown
Frontage
123’ on Bear Creek Ave
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $179,741 | |
| Land Assessment | $20,808 | Total Assessment | $200,549 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$20,808
Improvements Assessment
$179,741
Total Assessment
$200,549
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120 Bear Creek Ave
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