Coldwell Banker Distinctive Properties
2711 7th Avenue
Garden City, CO 80631

Description

ALWAYS LEASED!! Strong rental income with a cap rate of 7.1% Huge future potential!!! Zoned Residential/Business District. Scrape and build commercial/residential up to 35 ft. high. Community-driven and focused Garden City going through revitalization. "Surrounded by the cities of Greeley and Evans the Town is strategically located adjacent to the University of Northern Colorado with a population of more than 13,000 students. The Towns excellent location combined with a niche business market in spirits, bars and marijuana facilities has contributed toward the economy of Garden City these past 78 years"http://townofgardencity.com/business-prospective/. Garden City resources and info regarding Revitalization/Community events/Grants/Zoning and more at http://townofgardencity.com For 360 tour http://vrtourhosts.com/listing/8181?nobrand ALL INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED AND BUYER/BUYER'S AGENT TO VERIFY ALL INFORMATION.

Details

MLS#4856888
StyleIndustrial
Sub-TypeResale
StatusUnder Contract
Year1945
Days On Site124

Features

SQ Feet3,080
Story(s)1
Units4
ZoningRES/Business

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Area Information

StateCO
CountyWeld
CityGarden City
Zip Code80631
AreaWeld
Listing VS Median (in 80631)
Price:
$400,000
low | high
Med:
$285,500
78.625% of Average
SqFt:
3,080
low | high
Med:
1,824
90.779220779221% of Average
$ / SqFt:
$130
low | high
Med:
$158
28.328227124183% of Average
On Site:
124
low | high
Med:
52
100% of Average
Listing Updated: 11/18/2018
MLS Number: 4856888
Listing Provided By:
Luis Silva  of  Luxe Realty Inc.
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