433 S Saint Vrain Ave

Estes Park, CO 80517
  • $1,000,000
  • STATUS: Active
  • ON SITE: 53 days
  • MLS #: 825209
$1,000,000
  • 0
    BEDS
  • 0.76
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1939
County:

School Ratings & Info

Description

This property is located on Hwy 7, with one of the highest traffic count areas in Estes. Over 4 million visitors to Rocky Mtn National Park, all hungry and thirsty! Building was completely remodeled in 2008. Fully leased. Cousin Pat's restaurant has a 10 year lease on 6,895 sq ft. Vegetable Peddler has a lease on 4,096 sq ft. Tenants pay full NNN of taxes ($18,507.72), insurance, and all maintenance on the building. Most recent appraisal is $1,300,000. Excellent investment! Over 11% GRM. 8.8 Cap



Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2017 IRES. Listing 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 deemed reliable but not guaranteed by the MLS or 8z Real Estate. Data last updated 2017-08-22T23:38:57.643.
frontrange.8z.com/homes/74154927

433 S Saint Vrain Ave Estes Park, CO 80517

  • Price: $1,000,000
  • Status: Active
  • MLS #: 825209
0
Beds
0
Baths
0
½ Baths
0.76
Acres
1939
Built
Neighborhood:
White Meadow View Place Add
County:
Larimer
Area:
11 Estes Park area (Larimer County)
Property Description
This property is located on Hwy 7, with one of the highest traffic count areas in Estes. Over 4 million visitors to Rocky Mtn National Park, all hungry and thirsty! Building was completely remodeled in 2008. Fully leased. Cousin Pat's restaurant has a 10 year lease on 6,895 sq ft. Vegetable Peddler has a lease on 4,096 sq ft. Tenants pay full NNN of taxes ($18,507.72), insurance, and all maintenance on the building. Most recent appraisal is $1,300,000. Excellent investment! Over 11% GRM. 8.8 Cap
Exterior Features

Construction Wood/FrameCeiling: 8-10 FeetFloor: VinylFloor: WoodFloor: CarpetMoss Rock Property Views Back Range/Snow Capped Road Access State Highway Waterfront No

Interior Features

Basement Foundation No Basement Cooling Refrigeration/HvacCeiling Fan2 Or More Units Heating Forced AirMulti-Zoned Heat

Property Features

Capitalization Rate 7.85 Commercial Industrial Type Incorporated AreaRetail-StripFlex Space Energy Star Certified No Gross Operating Income 97000.0000 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 Estes Park Nahb Certified No Net Operating Income 78492.0000 New Construction Status Not NewPreviously Owned New Financing CashConventional Ownership Private Owner Possible Usage BusinessCommercial Or Industrial Tax Year 2016 Taxes 18508 Tenant Pays GasElectricWaterSewer Total Operating Expense 18508.0000 Utilities Natural GasElectric Zoning Co

© 2017 IRES.
Listing provided courtesy of Re/Max Mountain Brokers


Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2017 IRES. Listing 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 deemed reliable but not guaranteed by the MLS or 8z Real Estate. Data last updated 2017-08-22T23:38:57.643.
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