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628 W 5th Street, Cortez, CO 81321
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$800,000
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Home Details for 628 W 5th Street
Price
$800,000
Type
Commercial/Industrial
Year Build
1995
Sq. Ft.
7500
Lot Size
2.29
County
Montezuma
Tax
$11,250
MLS®️ Listing#
821714
On exitrealty.com
150 days
Property Description
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 extended last year for another 5 year term, and will generate consistent cash flow for a new owner at an estimated 9-10% 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.
- Heating Information
- Forced Air
- Natural Gas
- Cooling Information
- Central Air
- Water Features
- Public
- Utilities
- Natural Gas Available
- Parking
- Off Street
Listing Courtesy: Regents Real Estate Group Inc.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to "limited license" rights. Duplication or reproduction is prohibited.FULL CREN Disclaimer
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Date Last Updated 2025-07-22 11:45:55
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