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    120 Bear Creek Ave Morrison, CO 80465

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    For Sale
    $875,000

    Two-parcel historic property with two buildings and four units.

    Property size:
    1,864 SF
    Lot size:
    0.14 Acres

    Property Features for 120 Bear Creek Ave

    General Information

    Size
    1,864 SF
    Lot size
    0.14 Acres

    Source: Fuller Real Estate Agent Esperanza Wardroup

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Morrison Property For Sale

    Located on the left side of the road as you enter the Town of Morrison, this historic property comprises two parcels. The property includes two buildings and four individual units, each separately metered. The small building, Unit D, has a lease until June 30, 2026, with a monthly rent of $1,723.32, plus $33 per month for expenses. Unit D does not have plumbing. The large building contains Units A, B, and C. Unit A has a short-term tenant, while Units B and C are currently available. Unit C is a residential studio. According to the assessor, the main building and detached structure (Unit D) are considered as one item, totaling 1,864 square feet.
    Location Intelligence

    Current Use by Public Records

    Meadowsweet Gifts & Wellness Wellness Center Herbin Alchemy Alternative Medicine Practitioner

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Building Supply Auto Repair Shop Auto Parts Store Clothing Store Hotel & Motel Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morrison
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.1898598
    Latitude
    39.6532418

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    FAQs

    What type of property is this?
    Storefront property - Two-parcel historic property with two buildings and four units.
    Where is this storefront property located?
    The property is located at 120 Bear Creek Ave Morrison, CO.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: - Historic property consisting of two buildings and four individual units.; - Each unit is separately metered.; - Unit D has a lease until June 30, 2026, generating $1,723.32 per month plus $33 in expenses.
    (303) 419-5686
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    120 Bear Creek Ave Morrison, CO 80465
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    Morrison, CO 80465
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 Bear Creek Ave Morrison, CO 80465
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