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$1,150,000
420 21st Ave, Longmont, CO, 80501
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.
Offered By
Christopher Martinez 3036513939, RE/MAX Alliance-Longmont
Property Details
Property Type
Commercial Sale
Status
Active Under Contract
Property Sub Type
Sale: Commercial/Industrial
MLS #
997065
Heating
Forced Air
Cooling
Refrigeration/HVAC, Multi Units
Utility Features
Natural Gas Available, Electricity Available
SEWER
City Sewer
WATER SOURCE
City Water, City of Longmont
Year Built
1982
Basement
None
Roof
Rubber
EXTERIOR FEATURES
Lighting
Parking Features
Paved
Lot Features
Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Corner Lot, Level
CITY
Longmont
SUBDIVISION
Eastern Meadows
COUNTY
Boulder
AREA
Longmont
STATE
CO
SENIOR COMMUNITY
No
TAX AMOUNT
27980.0
LATEST UPDATE
2024-06-21T20:17:53.213Z
DAYS ON MARKET
269
PRICE CHANGE(S)
$1,250,000 Sep 27, 2023
$1,150,000 Mar 18, 2024
CUMULATIVE DAYS ON MARKET
269
Property Details
Property Type
Commercial Sale
Status
Active Under Contract
Property Sub Type
Sale: Commercial/Industrial
MLS #
997065
New Properties On Market
67
37%
Increase In New Listings
Average Asking Price
$631,302
$62,919 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$305
$10 Increase In List Price/Sq. Ft.
Average Days On Market
9
25 Day
Decrease In Days On Market
Data as of Jul 04, 2024.
Remaining statistics above are calculated on activity within the period from May 01, 2024 to Jun 30, 2024.
Information deemed reliable but not guaranteed by the MLS.
Listing 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.
Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2024 IRES.
Property data was last updated on 7/4/2024 at 2:01 pm