$925,000
$995,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
5,145 SqFt
SOLD DATE : 07/24/2023
Key Details
Sold Price $925,000
Property Type Commercial
Sub Type Sale: Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,145 sqft
Subdivision Evergreen Center Comm Condos First Sump
MLS Listing ID 981056
Sold Date 07/24/23
HOA Y/N false
Abv Grd Liv Area 5,145
Originating Board IRES MLS
Year Built 1959
Annual Tax Amount $21,192
Lot Size 1.720 Acres
Acres 1.72
Property Description
Make a smart investment in an up-to-date child day care center facility. This hard-to-find property type is a commercial condo, featuring a long-term tenant with a lease that offers an owner a 7.1% 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. Ample parking is available in the adjacent paved lot.
Location
State CO
County Boulder
Area Longmont
Zoning MUC
Direction From Main St and 15th Ave in Longmont, head west for one block. The property is on the right.
Interior
Heating Forced Air
Cooling Refrigeration/HVAC
Exterior
Waterfront false
Roof Type Composition
Building
Sewer City Sewer
Water City Water, City
Structure Type Brick/Brick Veneer
New Construction false
Others
Senior Community false
Tax ID R0503232
SqFt Source Assessor
Special Listing Condition Private Owner
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