412 E Burlington Ave

    Fort Morgan, CO 80701
    • $250,000
    • STATUS: Active Under Contract
    • ON SITE: 40 days
    • MLS #: 891144
    Under Contract
    UPDATED: 37 min ago
    $250,000
    • 0
      BEDS
    • 0.6
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1981
    County:

    School Ratings & Info

    Description

    This property has a great main entrance with a lobby and two offices. Right off of the lobby are two bathrooms leading to a warehouse area. The warehouse is just shy of 3000 square feet and has a 10 ft overhead door for easy loading and unloading. The property has been leased by Don Paul Respiratory Services since 2006. The current lease is good until May 2020, but the tenants would like to extend their lease if the new owner wishes to keep this property tenant occupied.

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    © 2019 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 8z Real Estate. Data last updated: 2019-09-23T09:38:44.617.
    frontrange.8z.com/homes/97913285

    412 E Burlington Ave Fort Morgan, CO 80701

    • Price: $250,000
    • Status: Active Under Contract
    • Updated: 37 min ago
    • MLS #: 891144
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.6
    Acres
    1981
    Built
    Neighborhood:
    Burlington Sub
    County:
    Morgan
    Area:
    14 Morgan County (all)
    Property Description
    This property has a great main entrance with a lobby and two offices. Right off of the lobby are two bathrooms leading to a warehouse area. The warehouse is just shy of 3000 square feet and has a 10 ft overhead door for easy loading and unloading. The property has been leased by Don Paul Respiratory Services since 2006. The current lease is good until May 2020, but the tenants would like to extend their lease if the new owner wishes to keep this property tenant occupied.
    Exterior Features

    Construction Metal SidingWall: Metal/FrameCeiling: 10-12 FeetFloor: Concrete Fences Enclosed Fenced AreaChain Link Location Description Within City Limits Lot Improvements Street PavedCurbsGuttersStreet Light Property Features Paved ParkngLoading: Drive-In Property Views City View Road Access City Street Waterfront No

    Interior Features

    Basement Foundation No Basement Cooling Refrigeration/Hvac Disabled Accessibility Features Level LotExterior Door Openings 36" PlusNo Stairs Heating Forced Air Inclusions No Inclusions

    Property Features

    Capitalization Rate 8.07 Commercial Industrial Type Industrial/Warehouse Energy Star Certified No Gross Operating Income 24300.0000 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status Backup Locale Fort Morgan Nahb Certified No Net Operating Income 20191.2000 New Construction Status Not NewPreviously Owned New Financing CashConventional Ownership Private Owner Possible Usage Commercial Or Industrial Tax Year 2018 Taxes 4108.80 Tenant Pays GasElectricWaterSewerBuilding InsuranceTrash Total Operating Expense 4108.8000 Utilities Electric Zoning Ind

    Listing information © 2019 Information and Real Estate Services
    Listing provided courtesy of Willow Roddy of Colorado Land Co. Llc.



    © 2019 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 8z Real Estate. Data last updated: 2019-09-23T09:38:44.617.
     
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