Longmont, CO 80501 400 Main St 1
$2,200,000
Pending
12 more
Presented By: Ccb Real Estate Llc; 9703723007
SQFT • 1,678
Home Details
Founder Operated Ziggi's Coffee. Excellent location, ideal for 1031. Absolute NNN 15-year Lease to be signed at closing providing a 6% cap rate. Available individually or as a portfolio sale. This offering represents a rare opportunity to acquire a fee simple interest in a long-term absolute net investment for a Ziggi's Coffee operated by Ziggi's founders and CEO. The location is strategically located on Main Street, the main artery for Longmont traffic flow. This property, on arguably the best corner in downtown Longmont seeing 26,000 vehicles per day, is The Original Ziggi's Location. Founded at this corner in 2004, Ziggi's has expanded to 103 locations open in 21 states with over 160 franchisees.
Presented By: Ccb Real Estate Llc; 9703723007
Interior Features for 400 Main St 1
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
BasementNone
Fireplace Y/NNo
Heating Y/NYes
General for 400 Main St 1
Architectural StyleRanch
Attached Garage No
Cap Rate6
CityLongmont
Construction MaterialsBrick/Brick Veneer
CoolingCentral Air
CountyBoulder
ElectricElectric
Elementary SchoolOther, Other
Garage Y/NNo
Gas Y/NNatural Gas
Gross Income132000
HOAYes
HeatingForced Air
High SchoolOther
High School DistrictOTHER
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet3125
Lot Size UnitsSquare Feet
MLS AreaLongmont
Middle/Junior High SchoolOther
Net Operating Income132000
New ConstructionNo
Operating Expense0
Possible UseCommercial or Industrial
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofOther
Senior Community Y/NNo
Standard StatusPending
StatusPending
Stories1
Subdivision Name400 Main Street Condo
Tax Year2024
Tenant PaysDeposit, Gas, Electricity, Water, Sewer, Taxes, Insurance, Interior Maintenance, Structural Maintenance, Association Fees, Trash Collection, HVAC Maintenance
Unit Number1
UtilitiesNatural Gas Available, Electricity Available
Year Built1910
ZoningCommercial
Exterior for 400 Main St 1
Horse Y/NNo
Lot Size Acres0.07
Lot Size Area3125
SpaNo
Water SourceCity Water, Longmont
Waterfront Y/NNo
Additional Details
Price History
