Longmont, CO 80501,420 21st AVE
Longmont, CO 80501,420 21st AVE
Longmont, CO 80501,420 21st AVE
Longmont, CO 80501,420 21st AVE
Longmont, CO 80501,420 21st AVE
Longmont, CO 80501,420 21st AVE
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$1,000,000

$1,150,000

13.0%
Est.Price: ?

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Est. payment /mo

0.79 Acres Lot


SOLD DATE : 07/11/2024

Key Details

Sold Price $1,000,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 5655800

Sold Date 07/11/24

HOA Y/N No

Originating Board recolorado

Year Built 1982

Annual Tax Amount $27,980

Tax Year 2022

Lot Size 0.790 Acres

Acres 0.79

Property Description

Opportunity Knocks. Current Owners have not actively raised rents or looked for new tenants. CAP Rate could be doubled. Single Level Office Building, Zoned MU-C right off of 21st. A majority of the 7500sf building is rented. There are currently 13 units in the building ranging from 120sf to 1600sf. 3 of the units are currently unoccupied. Sitting on .79 acres this office space comes with ample parking and offices with 5 exterior entrances for those units. There is 1 common entrance for the other 8 units. Property features 5 bathrooms. 2 of which are communal. Property has been well maintained, inside and out.

Location

State CO

County Boulder

Zoning MU-C

Interior

Fireplace N

Exterior

Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available, Phone Connected

Roof Type Membrane

Garage No

Building

Story 1

Sewer Public Sewer

Water Public

Structure Type Brick,Frame,Stucco

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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REColorado (REColorado MLS)
Listed by RE/MAX ALLIANCE • 720-232-8947
Bought with RE/MAX ALLIANCE
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