625 West Platte Ave Fort Morgan, CO 80701
For Sale
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This exceptional investment opportunity presents a fully leased, 4,400 square foot mixed-use building situated on a 0.29-acre lot at 625 W Platte Ave in Fort Morgan, Colorado. The property boasts three (3) units currently occupied by Skin By Margo, DD Nail Spa, and Salon MVP, under gross leases with lease expirations spanning 2025, 2026, and 2028, ensuring consistent cash flow. The building, constructed in 1981, is a single-story structure with B-1 (Mixed Use Business) zoning. Located near the intersection of W Platte Ave and West St, this high-visibility location benefits from approximately 7,800 vehicles passing daily, providing excellent exposure for the tenants. The asking price is $695,000, translating to $157.95 per square foot. This prime retail investment offers a strong return in a thriving Fort Morgan community, characterized by its welcoming atmosphere and diverse economy. The property's 100% occupancy rate and long-term lease agreements make it an attractive option for investors seeking stable income and potential appreciation. This is a rare opportunity to acquire a well-established, multi-tenant retail property in a desirable location.
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Daylight Donuts Bakery Discount Store
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Papa Murphy's | Take 'N' Bake Pizza Restaurant
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Salon MVP & Boutique Hair Salon Nail Salon
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DD Nail Spa Fort Morgan Nail Salon
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Skin By Margo Spa & Massage Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.