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$940,000
721 5th Ave, Longmont, CO, 80501
Prime downtown Longmont location just 2 blocks from Main Street and on a corner for maximum exposure to potential clients and future tenants! Attractive single level office/retail building with 6 units and 7,686 sq ft is 100% occupied! 18 off-street parking spaces and plenty of on-street parking spaces. Solid brick construction with a new roof installed last year. Lots of room for CAP rate improvement for the savvy investor, don't miss out on this opportunity!
Offered By
Arnold Turner 3037761105, Turner Realty
Property Details
Property Type
Commercial Sale
Status
Closed
Property Sub Type
Sale: Commercial/Industrial
MLS #
888207
Heating
Forced Air
Cooling
Refrigeration/HVAC
Utility Features
Natural Gas Available, Electricity Available
SEWER
City Sewer
WATER SOURCE
City Water, City of Longmont
Year Built
1969
Basement
None
Roof
Flat
EXTERIOR FEATURES
Lighting
Parking Features
Paved
Lot Features
Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Corner Lot
CITY
Longmont
SUBDIVISION
Old Town
COUNTY
Boulder
AREA
Longmont
STATE
CO
SENIOR COMMUNITY
No
TAX AMOUNT
24843.0
LATEST UPDATE
2024-07-31T21:57:12.256Z
DAYS ON MARKET
68
PRICE CHANGE(S)
$1,050,000 Dec 8, 2022
CUMULATIVE DAYS ON MARKET
68
Property Details
Property Type
Commercial Sale
Status
Closed
Property Sub Type
Sale: Commercial/Industrial
MLS #
888207
New Properties On Market
60
54%
Increase In New Listings
Average Asking Price
$659,520
$67,321 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$325
$22 Increase In List Price/Sq. Ft.
Average Days On Market
9
21 Day
Decrease In Days On Market
Data as of Oct 05, 2024.
Remaining statistics above are calculated on activity within the period from Aug 01, 2024 to Sep 30, 2024.
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Information deemed reliable but not guaranteed by the MLS.
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Property data was last updated on 10/1/2024 at 8:14 am