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    705 S Public Rd

    Lafayette, CO 80026
    • $800,000
    • STATUS: Active
    • ON SITE: 79 Days
    • MLS #: 947629
    UPDATED: 215 min ago
    $800,000
    • 0
      BEDS
    • 0.59
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1970
    County:

    School Ratings & Info

    Description

    Great development opportunity for a 2 story Mixed-use property with 5+ dwelling units & subterranean parking. Currently 2 commercial spaces with 1 long term month to month tenant & the other vacant. The corner lot at 701 S Public road (6,283 sq ft lot) is owned by Lafayette Urban Renewal Authority. They have voiced they would be willing to deed the property over to a buyer that was going to develop the three lots in a manner they are in agreement with creating a 31,838 sq ft lot. Buyer to verify the feasibility of all development opportunities and rely only on their own findings.

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    © 2021 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: 2021-10-22T23:41:20.753.
    www.searsrealestate.com/homes/120053839
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    705 S Public Rd Lafayette, CO 80026

    • Price: $800,000
    • Status: Active
    • Updated: 215 min ago
    • MLS #: 947629
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.59
    Acres
    1970
    Built
    Neighborhood:
    Industrial City 2
    County:
    Boulder
    Area:
    03 Lafayette City Limits
    Property Description
    Great development opportunity for a 2 story Mixed-use property with 5+ dwelling units & subterranean parking. Currently 2 commercial spaces with 1 long term month to month tenant & the other vacant. The corner lot at 701 S Public road (6,283 sq ft lot) is owned by Lafayette Urban Renewal Authority. They have voiced they would be willing to deed the property over to a buyer that was going to develop the three lots in a manner they are in agreement with creating a 31,838 sq ft lot. Buyer to verify the feasibility of all development opportunities and rely only on their own findings.
    Exterior Features

    Construction Materials Wood/Frame Horse YN No Parking Per Building Sq Ft 1:100 Or Better Property Attached YN No Roof Composition Waterfront YN No

    Interior Features

    Building Area Total 2000 Cooling None Cooling YN No Heating Baseboard Heating YN Yes Living Area 2000 Living Area Source Assessor

    Property Features

    Association YN No Cap Rate 4.83 Gross Income 4000 Has Improvements No Has Water Rights No Listing Sub Status None Locale Lafayette Net Operating Income 4000 New Construction YN No Operating Expense 0 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Multi Family Sale Includes Leases Tenant Pays All Operating Costs (Used Alone) Water Source City WaterCity Of Lafayette Zoning Retail

    Listing information © 2021 Information and Real Estate Services
    Listing provided courtesy of Rebecca Saenz of Re/Max Elevate.



    © 2021 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: 2021-10-22T23:41:20.753.
     
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