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201 Terry St

Longmont, CO 80501
  • $1,430,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 978368
UPDATED: 67 min ago
$1,430,000
  • 0
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1999
County:

School Ratings & Info

Description

201 Terry Street offers a mixed-use building in the heart of Downtown Longmont.Built in 1999, the 3-story building anchors the boundary between Longmont'svibrant Downtown and Lower Downtown, an area of intensive urban renewal and development. It also sits directly across the street from the city's proposed 1st & Main Transit Area. 201 Terry includes three ground floor retail suites, fully leased with stable tenants. The second floor includes three office suites perfect for an owner occupant or conversation to multi-family residential. Finally, the penthouse suite is a leased residential unit with exceptional south facing views. Take advantage of this investment property positioned perfectly atop Longmont's desirable Lower Downtown.

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© 2022 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 SW Team | RE/MAX Alliance. Data last updated: 2022-12-07T17:42:20.46.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.soldbystephco.com/homes/134541177
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201 Terry St Longmont, CO 80501

  • Price: $1,430,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 67 min ago
  • MLS #: 978368
0
Beds
0
Baths
0
½ Baths
0.27
Acres
1999
Built
Neighborhood:
Longmont Ot
County:
Boulder
Area:
04 Longmont City Limits
Property Description
201 Terry Street offers a mixed-use building in the heart of Downtown Longmont.Built in 1999, the 3-story building anchors the boundary between Longmont'svibrant Downtown and Lower Downtown, an area of intensive urban renewal and development. It also sits directly across the street from the city's proposed 1st & Main Transit Area. 201 Terry includes three ground floor retail suites, fully leased with stable tenants. The second floor includes three office suites perfect for an owner occupant or conversation to multi-family residential. Finally, the penthouse suite is a leased residential unit with exceptional south facing views. Take advantage of this investment property positioned perfectly atop Longmont's desirable Lower Downtown.
Exterior Features

Construction Materials Wood/FrameBrick/Brick Veneer Fencing Partial Horse YN No Lot Features Corner LotHistoric DistrictWithin City Limits Parking Features Paved Parking Per Building Sq Ft 1:100 Or Better Road Frontage Type City Street Road Surface Type Asphalt Roof MetalFlat View Foothills ViewCity Waterfront YN No

Interior Features

Building Area Total 7338 Cooling Refrigeration/Hvac Cooling YN Yes Heating Forced Air Heating YN Yes Living Area Source Plans

Property Features

Association YN No Business Type Incorporated AreaProfessional/OfficeRetail-StripMixedClass "B" Cap Rate -1.61 Ditches Active YN No Gross Income 9010 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Locale Longmont Net Operating Income -23071 New Construction YN No Operating Expense 32081 Possible Use Multi-FamilyCommercialCommercial Or Industrial Property Condition Not NewPreviously Owned Property Sub Type Sale: Commercial/Industrial Sale Includes Building(S)LandLeases Special Listing Conditions Private Owner Tax Annual Amount 26883 Tenant Pays DepositGasElectricityWaterSewer Water Source City WaterCity Of Longmont Zoning Mu-D

Listing information © 2022 Information and Real Estate Services
Listing provided courtesy of Todd Walsh of Market Real Estate: 3034445040.



© 2022 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 SW Team | RE/MAX Alliance. Data last updated: 2022-12-07T17:42:20.46.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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