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109 W Kiowa Ave

Fort Morgan, CO 80701
  • $820,000
  • STATUS: Active
  • ON SITE: 89 Days
  • MLS #: 1004260
UPDATED: 69 min ago
$820,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1888
County:

School Ratings & Info

Description

Three attached commercial/retail properties (109, 111, & 115 W. Kiowa Avenue) offered for sale. Located one block west of Main Street and zoned B-1 in the Central Business Overlay District, these buildings are situated in the heart of the downtown retail corridor and surrounded by other similarly zoned properties. 109 W. Kiowa includes 1166 +/- sf of retail space AND 2442 +/- sf attached warehouse with full basement; 111 W. Kiowa includes 1100 +/- sf of retail space; 115 W. Kiowa includes 1060 +/- sf of retail space. The properties are easily accessed via paved, city-maintained roads and have low-maintenance brick facade along with adequate parking on W. Kiowa Ave. The interior of each building has been updated and well-maintained and each property includes a bathroom and HVAC unit. 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.

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© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Re/Max Alliance. Data last updated: 2024-05-30T14:43:31.247.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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109 W Kiowa Ave Fort Morgan, CO 80701

  • Price: $820,000
  • Status: Active
  • On Site: 89 Days
  • Updated: 69 min ago
  • MLS #: 1004260
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1888
Built
Neighborhood:
Fort Morgan Original Town
County:
Morgan
Area:
14 Morgan County (all)
Property Description
Three attached commercial/retail properties (109, 111, & 115 W. Kiowa Avenue) offered for sale. Located one block west of Main Street and zoned B-1 in the Central Business Overlay District, these buildings are situated in the heart of the downtown retail corridor and surrounded by other similarly zoned properties. 109 W. Kiowa includes 1166 +/- sf of retail space AND 2442 +/- sf attached warehouse with full basement; 111 W. Kiowa includes 1100 +/- sf of retail space; 115 W. Kiowa includes 1060 +/- sf of retail space. The properties are easily accessed via paved, city-maintained roads and have low-maintenance brick facade along with adequate parking on W. Kiowa Ave. The interior of each building has been updated and well-maintained and each property includes a bathroom and HVAC unit. 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.
Exterior Features

Construction Materials Brick/Brick VeneerStone Horse YN No Road Frontage Type City Street Road Surface Type PavedAsphalt Roof Foam Spa YN No Waterfront YN No

Interior Features

Building Area Total 8210 Cooling Refrigeration/HVAC Cooling YN Yes Heating Forced Air Heating YN Yes Living Area Source Assessor

Property Features

Association YN No Business Type Retail-Downtown Cap Rate 2.33 Ditches Active YN No Electric ElectricCity of FM Exclusions Tenant Personal Property Gas Natural GasCity of FM Gross Income 34950.72 Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventional Locale Fort Morgan Net Operating Income 19076.72 New Construction YN No Operating Expense 15874 Possible Use Commercial or Industrial Property Condition Not NewPreviously Owned Property Sub Type Sale: Commercial/Industrial Senior Community YN No Special Listing Conditions Private Owner Tax Annual Amount 5573 Tax Year 2023 Tenant Pays DepositElectricity Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity of Fort Morgan Zoning B-1

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Jenifer Elrick of Coates Realty Group, LLC: 9708676770.



© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Re/Max Alliance. Data last updated: 2024-05-30T14:43:31.247.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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