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233 Main St

Longmont, CO 80501
  • $800,000
  • STATUS: Closed
  • ON SITE: 457 Days
  • MLS #: 990282
Sold - 11/27/2023
$800,000
SOLD - 11/27/2023
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
.
Type:
Commercial
Built:
1972
County:

School Ratings & Info

Description

Located in the heart of Downtown Longmont with premium retail exposure. 233 Main Street is just south of the intersection of 3rd Street and Main Street with an average of 45,180 vehicles per day. This property is being sold as an investment property with tenant Sharkey's Paradise LLC occupying the property. The initial term of the lease ends 8/31/24 and tenant has 2, two year options thereafter. The Mixed Use Downtown zoning provides flexible zoning for a myriad of use types. This property is prime for the investor buyer seeking an A+ retail location for a long term investment hold. This investment offering also works well for an owner occupant buyer seeking delayed occupancy.

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© 2024 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 Sears Real Estate. Data last updated: 2024-09-19T22:41:42.073.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.searsrealestate.com/homes/140701347
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233 Main St Longmont, CO 80501

  • Price: $850,000
  • Status: Closed
  • On Site: 457 Days
  • Updated: 23 min ago
  • MLS #: 990282
0
Beds
0
Baths
0
½ Baths
0.28
Acres
1972
Built
Neighborhood:
.
County:
Boulder
Area:
04 Longmont City Limits
Property Description
Located in the heart of Downtown Longmont with premium retail exposure. 233 Main Street is just south of the intersection of 3rd Street and Main Street with an average of 45,180 vehicles per day. This property is being sold as an investment property with tenant Sharkey's Paradise LLC occupying the property. The initial term of the lease ends 8/31/24 and tenant has 2, two year options thereafter. The Mixed Use Downtown zoning provides flexible zoning for a myriad of use types. This property is prime for the investor buyer seeking an A+ retail location for a long term investment hold. This investment offering also works well for an owner occupant buyer seeking delayed occupancy.
Exterior Features

Construction Materials Wood/Frame Horse YN No Roof Composition Waterfront YN No

Interior Features

Building Area Total 4000 Cooling Refrigeration/HVAC Cooling YN Yes Heating Forced Air Heating YN Yes Living Area Source Assessor

Property Features

Association YN No Business Type Retail Cap Rate 7.33 Ditches Active YN No Gross Income 62380 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Listing Sub Status None Locale Longmont Net Operating Income 62380 New Construction YN No Operating Expense 0 Property Condition Not NewPreviously Owned Property Sub Type Sale: Commercial/Industrial Senior Community YN No Special Listing Conditions Private Owner Tenant Pays All Operating Costs (used alone) Water Source City WaterCity Zoning MixedUseD

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Julie Norris of RE/MAX Comm. Alliance-FTC Dwtn: 9702157016.



© 2024 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 Sears Real Estate. Data last updated: 2024-09-19T22:41:42.073.

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