Lafayette, CO 80026 308 E Simpson St
$1,300,000
5 more
Presented By: RE/MAX Alliance-Lsvl; 3036666500
Home Details
Two quality professional office buildings in very popular & emerging East Simpson neighborhood of Lafayette. Enjoy the excitement of quality, popular restaurants, festivals, breweries and music venues. Rents have increased and new leases have been re-signed for 3 of the tenants. Most tenants are involved in the healing arts & legal professions. On site parking is available in the rear of main building. New heating - a/c unit has just been installed in front building. Classic old style building with much character. The front building has a common area with 2 restrooms, lobby & kitchenette area. The back building has a reception area, restroom, kitchen area & two large offices. The property is in excellent condition with quality finishes. Great for owner/occupant when space comes available. Owner financing available
Presented By: RE/MAX Alliance-Lsvl; 3036666500
Interior Features for 308 E Simpson St
Other Interior Features
LivingAreaSourceAppraiser
Air Conditioning Y/NYes
BasementNone
Fireplace Y/NNo
Heating Y/NYes
General for 308 E Simpson St
AccessibilityLevel Lot, Near Bus
Attached Garage No
Business TypeProfessional/Office
Cap Rate4.74
CityLafayette
Construction MaterialsWood/Frame
CoolingRefrigeration/HVAC
CountyBoulder
DirectionsPublic Road to E Simpson go east to property on right
ElectricMaster Meter-Electric, Xcel
Garage Y/NNo
Gas Y/NNatural Gas, Master Meter-Gas, Xcel
Gross Income88200
HOANo
HeatingForced Air, Individual Heat Source
Interior FeaturesHigh Speed Internet
Land Lease Y/NNo
Living Area UnitsSquare Feet
Lot Size Square Feet7051
Lot Size UnitsSquare Feet
MLS AreaLafayette
Net Operating Income61683
New ConstructionNo
Operating Expense26517
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeSale: Commercial/Industrial
Property TypeCommercial Sale
RoofTile
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive
Subdivision NameLafayette OT
Tax Annual Amount19317
Tax Year2023
Tenant PaysDeposit
UtilitiesNatural Gas Available
Waterfront Y/NNo
Year Built1999
ZoningComm
Exterior for 308 E Simpson St
Building Area Total4324
FencingPartial
Horse Y/NNo
Lot FeaturesCurbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Level, Within City Limits
Lot Size Acres0.16
Lot Size Area7051
Parking FeaturesAlley Access, Paved
Road Frontage TypeCity Street
Road Surface TypePaved, Asphalt
SpaNo
Water SourceCity Water, City of Lafayette
Additional Details
Price History
