311 Bear Creek Avenue - Storefront FOR SALE


Morrison, CO 80465
$1,000,000 USD
303-534-4822
311 Bear Creek Avenue, Morrison, CO for Sale
$1,000,000 USD
Storefront - FOR SALE
1/5
null | 5.13% Cap Rate

311 Bear Creek Avenue
Morrison, CO 80465


OVERVIEW

Located in the charming town of Morrison, this quality covered land investment is in the heart of the downtown district. Currently operated as Sunshine Sensations, the store offers a wide variety of curios geared for the tourist market. The lease expires in February 2027 with one 3-yr. option. The tenant has a 15 day first right of refusal. With Net Operating Income of $51,300, the property offers a 5.13% Cap Rate. The Landlord is responsible for roof and structure only. With ease of management, this could be an ideal investment as tenant pays expenses direct to vendor. As this is an operational business, do not contact the tenant directly. All showings must be thru the listing brokers.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$653 USD /SF

CAP RATE

5.13%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,893 SF

ZONING

-

APN/PARCEL ID

40-354-02-005

ASK ABOUT THIS PROPERTY

John BeckerFuller Real EstateMore Info
303-534-4822

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John BeckerFuller Real EstateMore Info
303-534-4822

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.