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Commercial Property in Fort Morgan
For Sale
$675,000

230 State St, Fort Morgan, CO 80701

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

Property Size10,212 SF
Lot Size0.65 Acres
Price / SF$67.50
Days on Market166

Property Features for 230 State St

General Information

Standard status Active
Size 10,212 SF
Lot size 0.65 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $13,287

Building Details

Building Size 10,212 SF
Year Built 1928
Units 8
Listing Agency: Colorado Land Co. LLC
Listed By: Kent Allen Lindell · License #100005905
Source: Elliman
Added: Mar 11 Changed: Aug 8 Last Checked: Aug 22 at 7:42AM

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 well-maintained 10,000 square foot commercial property presents an investment opportunity in the heart of the Fort Morgan business district. The property has a history of high occupancy. A large parking lot, approximately 18,000 square feet, is located to the south of the building. Additionally, a large 5-stall garage is available for vehicle or equipment storage, or could be converted to storage rental. Most tenants are responsible for paying their own utilities. The property is positioned to provide returns on investment.

Key Highlights

  • Great investment opportunity with a history of high occupancy.
  • Large 10,000 SF commercial building.
  • Huge 18,000 SF parking lot.

Property Analytics

Current Use

Storefront properties

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

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 230 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.; Large 10,000 SF commercial building.; Huge 18,000 SF parking lot.
More about this property
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