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Delta County Memorial Hospital Annex 365 W Bridge St 6,273 SF Office Building Hotchkiss, CO 81419 $950,000 ($151.44/SF) 7.05% Cap Rate



Executive Summary
Impressive building on Hotchkiss's main corridor. Built in 2006, this well-maintained suite of offices has 8 exam rooms, private and shared offices, large and welcoming reception area, 2 ADA restrooms, nurses' station, lab area and x-ray room, plus 1 large therapy room, break-room/kitchen, restroom with shower, storage and access to the attic. Set up for all your electronic needs with Fiber internet, Cat 5e cables (supports data speeds up to 1000 mbps), 3 phone lines, and 3-phasepower. The outside features an inviting entrance with attractive landscaping, stone exterior, and a large parking lot. It could also be reimagined as shared office spaces, or converted into multiple unit rentals. Diversify your portfolio with this investment-grade property!
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Office
Property Subtype
Building Size
6,273 SF
Building Class
C
Year Built
2006
Price
$950,000
Price Per SF
$151.44
Cap Rate
7.05%
NOI
$67,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,273 SF
Building FAR
0.47
Lot Size
0.31 AC
Zoning
C-2 - commercial/mixed
Parking
11 Spaces (1.75 Spaces per 1,000 SF Leased)
Amenities
- Kitchen
- Accent Lighting
- Central Heating
- Partitioned Offices
- Reception
- Air Conditioning
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Property Taxes
| Parcel Number | R008231 | Improvements Assessment | $190,947 |
| Land Assessment | $17,159 | Total Assessment | $208,106 |
Property Taxes
Parcel Number
R008231
Land Assessment
$17,159
Improvements Assessment
$190,947
Total Assessment
$208,106
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Videos
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Presented by
Needlerock Mountain Realty and Land LLC
Delta County Memorial Hospital Annex | 365 W Bridge St
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