721 5th Ave

    Longmont, CO 80501
    • $940,000
    • STATUS: Closed
    • ON SITE: 142 days
    • MLS #: 888207
    Sold - 09/20/2019
    $940,000
    SOLD - 09/20/2019
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1969
    County:

    School Ratings & Info

    Description

    Prime downtown Longmont location just 2 blocks from Main Street and on a corner for maximum exposure to potential clients and future tenants! Attractive single level office/retail building with 6 units and 7,686 sq ft is 100% occupied! 18 off-street parking spaces and plenty of on-street parking spaces. Solid brick construction with a new roof installed last year. Lots of room for CAP rate improvement for the savvy investor, don't miss out on this opportunity!

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    © 2019 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kittle Real Estate. Data last updated: 2019-12-05T13:38:59.08.
    www.fortcollinshomesearch.com/homes/96915738

    721 5th Ave Longmont, CO 80501

    • Price: $1,050,000
    • Status: Closed
    • Updated: 55 min ago
    • MLS #: 888207
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    1969
    Built
    Neighborhood:
    Old Town
    County:
    Boulder
    Area:
    04 Longmont City Limits
    Property Description
    Prime downtown Longmont location just 2 blocks from Main Street and on a corner for maximum exposure to potential clients and future tenants! Attractive single level office/retail building with 6 units and 7,686 sq ft is 100% occupied! 18 off-street parking spaces and plenty of on-street parking spaces. Solid brick construction with a new roof installed last year. Lots of room for CAP rate improvement for the savvy investor, don't miss out on this opportunity!
    Exterior Features

    Construction Wood/FrameBrick/Brick Veneer Location Description Corner Lot Lot Improvements Street PavedCurbsGuttersSidewalksStreet LightFire Hydrant Within 500 Feet Property Features Fire SprinklersPaved Parkng Road Access City Street Waterfront No

    Interior Features

    Basement Foundation No Basement Cooling Refrigeration/Hvac Disabled Accessibility Features Ramp AccessLevel LotLow Carpet Heating Forced Air Inclusions Smoke Alarm(S)KitchenetteBreak Room

    Property Features

    Capitalization Rate 3.43 Commercial Industrial Type Office Energy Star Certified No Gross Operating Income 73958.2400 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status None Locale Longmont Nahb Certified No Net Operating Income 36072.2400 New Construction Status Not NewPreviously Owned Ownership Partnership Taxes 24843.00 Tenant Pays GasElectricWaterSewerProperty Taxes Total Operating Expense 37886.0000 Utilities Natural GasElectric Zoning Mu-D

    Listing information © 2019 Information and Real Estate Services
    Listing provided courtesy of Arnold Turner of Turner Realty.



    © 2019 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kittle Real Estate. Data last updated: 2019-12-05T13:38:59.08.
     
    Kittle Real Estate
    300 South Howes Street
    Fort Collins CO, 80521