Active/Backup

420 21st Ave

Longmont CO, 80501

$1,150,000


$151.78 per sqft

Active/Backup

7,577 sqft

Commercial

Built in 1982

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.

997065

MLS ID

September 27, 2023

Listed

May 15, 2024

Updated

Map

420 21st Ave
Longmont CO, 80501

Interior Features

Interior Features

High Speed Internet, Kitchenette


Fireplace

No


Cooling

Yes


Cooling Description

Refrigeration/HVAC, Multi Units


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.79 Acres


Exterior Features

Lighting


Lot Features

Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Corner Lot, Level


Roof

Rubber


Sewer

City Sewer

Other Property Details

Area Name

Longmont


Taxes

$27,980


Tax Frequency

Annually


Days on Market

232


Garage

No


Parking

Paved


View

No


County

Boulder


Water Source

City Water, City of Longmont


Pool

No


Zoning

MU-C


Buyer Agency Compensation

2.8%

Listing History

Date

Event

Price

3/18/2024

Price Change

$1,150,000

-8%

Listed by Christopher Martinez with RE/MAX Alliance-Longmont
Listing Contact: 3036513939 

The IDX display contains information sourced from Information and Real Estate Services, LLC (IRES) as of 5/15/2024. 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. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 5/15/2024 at 7:35 AM UTC

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