Wells Fargo Bank 123 E Kiowa Ave 22,153 SF Retail Building Fort Morgan, CO 80701 $1,300,000 ($58.68/SF)



INVESTMENT HIGHLIGHTS
- Located Next to Main Street
- Signature Downtown Building
EXECUTIVE SUMMARY
123 East Kiowa is a marquee stand-alone office building located in the heart of downtown Fort Morgan. This unique building has been a prominent staple in the community since 1965 and has served as a financial service building for Wells Fargo for over 50 years. Wells Fargo currently has a short-term lease remaining and the building will be available for a wide range of potential uses. The offering consists of two lots, one of which provides overflow parking for the building, which totals land of both parcels is just over one acre. The property is located in walking distance to nearby restaurants, retail, the community college, the Fort Morgan Museum, and Library Park.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
22,153 SF
Building Class
B
Year Built
1965
Price
$1,300,000
Price Per SF
$58.68
Tenancy
Single
Building Height
2 Stories
Building FAR
0.88
Lot Size
0.58 AC
Opportunity Zone
Yes
Zoning
B1 - Mixed Use
Walk Score®
Very Walkable (74)
NEARBY MAJOR RETAILERS




PROPERTY TAXES
Parcel Number | 122906413002 | Improvements Assessment | $552,530 |
Land Assessment | $48,940 | Total Assessment | $601,470 |