1118 Main St

    Longmont, CO 80501
    • $1,300,000
    • STATUS: Active
    • ON SITE: 206 days
    • MLS #: 875732
    $1,300,000
    • 0
      BEDS
    • 0.68
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1970
    County:

    School Ratings & Info

    Description

    Unique opportunity to purchase a property assemblage already created for you. This 4 building property assemblage consists of both Main St. retail space, Kimbark Street office space and automotive garage. Tenants include La Panda Restaurant, Schilling Automotive, the Triangle Club and a hair salon/barbershop.Buildings are 100% leased at below market lease rates with short term leases in place allowing the new owner flexibility with their new property investment. Leases are currently mod. gross.

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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 8z Real Estate. Data last updated: 2019-10-18T23:39:11.1.
    frontrange.8z.com/homes/93050835

    1118 Main St Longmont, CO 80501

    • Price: $1,300,000
    • Status: Active
    • MLS #: 875732
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.68
    Acres
    1970
    Built
    Neighborhood:
    Mountain View
    County:
    Boulder
    Area:
    04 Longmont City Limits
    Property Description
    Unique opportunity to purchase a property assemblage already created for you. This 4 building property assemblage consists of both Main St. retail space, Kimbark Street office space and automotive garage. Tenants include La Panda Restaurant, Schilling Automotive, the Triangle Club and a hair salon/barbershop.Buildings are 100% leased at below market lease rates with short term leases in place allowing the new owner flexibility with their new property investment. Leases are currently mod. gross.
    Exterior Features

    Construction Block Waterfront No

    Interior Features

    Cooling Refrigeration/Hvac Heating Forced Air Inclusions No Inclusions

    Property Features

    Capitalization Rate 6.92 Commercial Industrial Type Retail-FreestandingRetail-Strip Energy Star Certified No Gross Operating Income 90080.0000 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 Longmont Nahb Certified No Net Operating Income 90080.0000 New Construction Status Not NewPreviously Owned New Financing CashConventional Ownership Private Owner Tenant Pays Deposit Total Operating Expense 0.0000 Utilities Natural GasElectric Zoning Mu

    Listing information © 2019 Information and Real Estate Services
    Listing provided courtesy of Keith Kanemoto of Re/Max Traditions Commercial.



    © 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 8z Real Estate. Data last updated: 2019-10-18T23:39:11.1.
     
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    Boulder CO, 80305