628 W 5th Street

Cortez, CO 81321

About this property

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+ yearsthe 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.

Features and Additional Information

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$1,295,000 Active
7,500 SQFT

Presented By Coldwell Banker Distinctive Properties Durango

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Get in touch today! Phone: 1-970-259-3333
Brokerage
Regents Real Estate Group Inc.
1-970-529-7001
Listed By Paul Beckler
Brokerage: Regents Real Estate Group Inc.

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