$1,195,000
Active
35 Days Online
0 Beds2 Baths7,500 SQFT
Active
628 W 5th Street Cortez, CO 81321
Attention Investors! The ideal investment property is ready for you. This 7, 500 sqft commercial building in Cortez Colorado has had only one tenant for the past 20+ years…the US Department of Agriculture! The Lease was recently extended for another 5 years, and will generate consistent cash flow for a new owner at an estimated 7 to 8% cap rate. The 2.29-acre lot has a convenient location and established landscaping. The owner is responsible for maintaining the landscape and building and paying property tax and all utilities. Don't miss out on this exceptional investment opportunity in Cortez, Colorado.
- Property TypeCommercial
- NeighborhoodPayson
- CountyMontezuma
- Taxes$11,250
- HOA/Condo/Coop Fees$0
- Days on Site34 Days
- MLS StatusActive
- MLS ID Number814612
- Home Size Source Assessor
- Year Built1995
- Lot Size2.29 Acres
- Full BathsN/A
- Partial Baths2
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General Features
- Parking Off StreetPavedParking Spaces
- Sewer Public Sewer
- Number of Stories 111
- Acreage 2.29
- Water Public
- Zoning Commercial
- Property Sub Type Office
- Utilities Electricity AvailableNatural Gas AvailableSewer ConnectedWater Available
Interior Features
- Cooling Central Air
- Heating Forced AirNatural Gas
- Flooring CarpetTile
- Furnished? Unfurnished
Exterior Features
- Roof Membrane
- Fencing Chain Link
- Waterfront Property No
- Exterior Sprinkler Irrigation
- Lot LandscapedSprinkler System
Community Features
- MLS Area Cortez
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Monthly Payment (Est.)
$5,787Copyright ©2024 Information is deemed reliable but not guaranteed.