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625 W Platte Ave 4,400 SF 100% Leased Retail Building Fort Morgan, CO 80701 $695,000 ($157.95/SF)
INVESTMENT HIGHLIGHTS
- 100% Leased
- Sees Approximately 7,800 VPD
EXECUTIVE SUMMARY
Cushman & Wakefield and URealty are pleased to present 625 West Platte Avenue, a fully leased retail/office investment opportunity. The property includes three units that are currently leased by salon and spa businesses with terms expiring in 2025, 2026, and 2028. Located near the corner of W Platte Ave and West St, the property is very walkable and sees approximately 7,800 vehicles per day. Fort Morgan offers a friendly, hometown atmosphere and a healthy, diverse economy, making it an excellent location for an investment. Please contact the listing brokers for additional information.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,400 SF
Building Class
C
Year Built
1981
Price
$695,000
Price Per SF
$157.95
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
0.29 AC
Zoning
B-1 (Mixed Use Business)
Frontage
83’ on PLATTE AVE
Walk Score®
Very Walkable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R020344 | Improvements Assessment | $127,010 |
| Land Assessment | $19,800 | Total Assessment | $146,810 |
PROPERTY TAXES
Parcel Number
R020344
Land Assessment
$19,800
Improvements Assessment
$127,010
Total Assessment
$146,810
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625 W Platte Ave
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