Active
628 W 5th Street
Cortez CO, 81321
$1,295,000
$172.67 per sqft
Active
2 Baths
7,500 sqft
Commercial
Built in 1995
Courtesy of Regents Real Estate Group Inc. with Listing Contact: 970-759-4065
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.
814612
MLSⓇ ID
June 10, 2024
Listed
August 23, 2024
Updated
Map
628 W 5th Street
Cortez CO, 81321
Interior Features
Total Stories
1
Total Bathrooms
2
Three-Quarter Bathrooms
2
Floor Description
Carpet, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Lot Size
2.29 Acres
Exterior Features
Sprinkler/Irrigation
Lot Features
Landscaped, Sprinkler System
Roof
Membrane
Sewer
Connected, Public Sewer
Other Property Details
Area Name
Cortez
Taxes
$11,250
Tax Frequency
Annually
Days on Market
3
Garage
No
Parking
Off Street, Paved, Parking Space(s)
View
No
County
Montezuma
Water Source
Public
Pool
No
Courtesy of Regents Real Estate Group Inc. with
Listing Contact: 970-759-4065
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Data last updated on: 8/23/2024