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Commercial Property in Fort Morgan
For Sale
$675,000

218 State St, Fort Morgan, CO 80701

Well-maintained commercial building with parking and garage in business district.

Property Size10,212 SF
Lot Size0.41 Acres
Price / SF$67.50
Days on Market142

Property Features for 218 State St

General Information

Standard status Active
Size 10,212 SF
Lot size 0.41 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $13,287

Building Details

Building Size 10,212 SF
Year Built 1928
Listing Agency: Colorado Land Co. LLC
Listed By: Kent Lindell · License #100005905
Source: Elliman
Added: Apr 24 Changed: Sep 3 Last Checked: Sep 12 at 6:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colorado Land Co. LLC

Investment Insights

Based on property information with market context.

This 10,000 square foot commercial property is located in the heart of the Fort Morgan business district. It features a large parking lot of approximately 18,000 square feet to the south of the building. Additionally, there is a 5-stall garage with 1,800 square feet, suitable for vehicle or equipment storage, or conversion to storage rental. The property has a history of good occupancy. Most tenants are responsible for paying their own utilities. The location has a Walk Score of 58, indicating it is somewhat walkable, and a Bike Score of 47, meaning it is somewhat bikeable.

Key Highlights

  • Great investment opportunity with a history of high occupancy.
  • Located in the heart of the Fort Morgan business district.
  • Large 10,000 SF building.

Property Analytics

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Open Analytics

Current Use

Infinite Serenity and Massage, ... Alternative Medicine Practice

Suggested Use

Top Pick HVAC Service Locksmith (Bike/Boat/Book/etc) Store Daycare Center Big Box & Wholesale Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

918
Businesses Nearby
Under-served
Demand for This Use

Demographics for 80701, CO

16,101
Population
6,575
Households
2.4
Avg Household Size
35
Median Age
19%
College-Educated
84%
High-School Grad
616.5 sq mi
ZIP Area
26
Density / Sq Mi
$72,500
Median Household Income
$41,071
Median Earnings
$1,096
Median Rent
$318,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Similar Off Market Nearby

  • Flower Petaler 322 Main St, Fort Morgan, CO 80701
  • Edward's Flowerland 1201 E Platte Ave, Fort Morgan, CO 80701

Frequently Asked Questions

What type of property is this?
Storefront property - Well-maintained commercial building with parking and garage in business district.
Where is this storefront property located?
The property is located at 218 State St Fort Morgan, CO.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Great investment opportunity with a history of high occupancy.; Located in the heart of the Fort Morgan business district.; Large 10,000 SF building.
More about this property
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