Sold

1109 Kimbark St

Longmont CO, 80501

$2,009,000


$98.09 per sqft

Sold

20,482 sqft

Commercial

Built in 1973

Here is a Longmont income property just off Main St with 10 retail/office rental spaces and 12 garage storage units along Kimbark St and on 11th Ave. The location rests at the heart of Longmont, with restaurants, shopping, green spaces and government offices close by. Occupancy has been historically strong. Current leases are shorter term and current lease rates are decidedly under market. This property has a lot of upside potential for additional net operating income for the savvy investor.

1014455

MLS ID

July 17, 2024

Listed

November 21, 2024

Updated

Map

1109 Kimbark St
Longmont CO, 80501

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Refrigeration/Evaporative Cooler


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.89 Acres


Roof

Composition


Sewer

City Sewer

Other Property Details

Area Name

Longmont


Taxes

$55,720


Tax Frequency

Annually


Days on Market

29


Garage

No


View

No


County

Boulder


Water Source

City Water, City- Longmont


Pool

No


Zoning

MU-Corr

Listing History

Date

Event

Price

10/19/2024

Sold

$2,009,000

8/16/2024

Pending

Listed by Kurt Finley with RE/MAX Nexus
Listing Contact: 3035895100 

The IDX display contains information sourced from Information and Real Estate Services, LLC (IRES) as of 11/21/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase.  Information deemed reliable but not guaranteed by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. 

©2024 Information and Real Estate Services, LLC (IRES) all rights reserved.

Data last updated on 11/21/2024 at 11:02 PM UTC

Powered byLuxury Presence