628 W 5th Street, Cortez, CO

$1,195,000

Previous Next

7,500

Square feet

2.29

Acres

About 628 W 5th Street

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.

Listing by Regents Real Estate Group Inc.

Features of 628 W 5th Street

MLS® # 814612
Price $1,195,000
Bathrooms 0.00
Square Footage 7,500
Acres 2.29
Year Built 1995
Type COMMERCIAL
Sub-Type Office
Status Active

Community Information

Address 628 W 5th Street
Area Cortez
Subdivision Payson
City Cortez
County Montezuma
State CO
Zip Code 81321

Interior

Heating Natural Gas
Cooling Central Air
Fireplace No

Exterior

Roof Membrane

Additional Information

Date Listed June 10th, 2024
Zoning Commercial
Data Source Cren MLS

Listing Details

OfficeRegents Real Estate Group Inc.

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?