$2,009,000
$2,300,000
12.7%For more information regarding the value of a property, please contact us for a free consultation.
20,482 SqFt
SOLD DATE : 10/17/2024
Key Details
Sold Price $2,009,000
Property Type Commercial
Sub Type Sale: Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 20,482 sqft
Subdivision Mountain View
MLS Listing ID 1014455
Year Built 1973
Annual Tax Amount $55,720
Lot Size 0.890 Acres
Property Sub-Type Sale: Commercial/Industrial
Property Description
Here is a Longmont income property just off Main St with 10 retail/office rental spaces and 12 garage storage units along Kimbark St and on 11th Ave. The location rests at the heart of Longmont, with restaurants, shopping, green spaces and government offices close by. Occupancy has been historically strong. Current leases are shorter term and current lease rates are decidedly under market. This property has a lot of upside potential for additional net operating income for the savvy investor.
Location
State CO
County Boulder
Area Longmont
Zoning MU-Corr
Interior
Heating Forced Air
Cooling Refrigeration/Evaporative Cooler
Exterior
Roof Type Composition
Building
Sewer City Sewer
Water City Water, City- Longmont
Structure Type Brick/Brick Veneer
New Construction false
Others
Special Listing Condition Private Owner
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