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630 15th Ave , #105

Longmont, CO 80501
  • $1,065,000
  • STATUS: Active
  • ON SITE: 65 Days
  • MLS #: 981056
UPDATED: 26 min ago
$1,065,000
  • 0
    BEDS
  • 1.72
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1959
County:

School Ratings & Info

Description

Here is a terrific opportunity for investors. This commercial condo, located in the Evergreen Center, has a long-term tenant with a lease that offers a 6.65% cap rate. The condo has 5,145 USF, 5,348 RSF and also includes an additional estimated 1,850 SF in an outdoor playground area on its north side. A popular child care center has occupied the space for many years, normally at or near capacity. The property is in excellent condition. Ample parking is available in the adjacent paved lot.

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© 2023 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: 2023-04-01T21:41:56.957.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.soldbystephco.com/homes/136449034
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630 15th Ave , #105 Longmont, CO 80501

  • Price: $1,065,000
  • Status: Active
  • On Site: 65 Days
  • Updated: 26 min ago
  • MLS #: 981056
0
Beds
0
Baths
0
½ Baths
1.72
Acres
1959
Built
Neighborhood:
Evergreen Center Comm Condos First Sump
County:
Boulder
Area:
04 Longmont City Limits
Property Description
Here is a terrific opportunity for investors. This commercial condo, located in the Evergreen Center, has a long-term tenant with a lease that offers a 6.65% cap rate. The condo has 5,145 USF, 5,348 RSF and also includes an additional estimated 1,850 SF in an outdoor playground area on its north side. A popular child care center has occupied the space for many years, normally at or near capacity. The property is in excellent condition. Ample parking is available in the adjacent paved lot.
Exterior Features

Construction Materials Brick/Brick Veneer Horse YN No Roof Composition Spa YN No Waterfront YN No

Interior Features

Building Area Total 5145 Cooling Refrigeration/Hvac Cooling YN Yes Heating Forced Air Heating YN Yes Living Area Source Assessor

Property Features

Association YN No Business Type Office Condominium Cap Rate 6.64 Ditches Active YN No Exclusions All Personal Property Belonging To The Seller Or To The Tenant. Gross Income 102397 Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventional Locale Longmont Net Operating Income 70818 New Construction YN No Operating Expense 31579 Property Condition Not NewPreviously Owned Property Sub Type Sale: Commercial/Industrial Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 21192 Tax Year 2021 Tenant Pays All Operating Costs (Used Alone) Water Source City WaterCity Zoning Muc

Listing information © 2023 Information and Real Estate Services
Listing provided courtesy of Kurt Finley of Re/Max Traditions, Inc: kurtfinley@remax.net.



© 2023 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: 2023-04-01T21:41:56.957.

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