Unique investment NNN opportunity to buy fully leased and equipped commissary catering kitchen in Loveland, Colo. This health department-approved commissary commercial kitchen includes fully equipped kitchen with everything needed: walk-in refrigerator and freezer, grease trap, vent hood, double oven, commercial dish washer, new kitchen mini-split AC and more. Long term lease with 6.74% Cap rate NNN lease w/ personal guarantee.
Presented By: John Baker; 9702908485
Interior Features for 220 12th St SW 125
Other Interior Features
LivingAreaSourcePlans
Air Conditioning Y/NYes
BasementNone
Fireplace Y/NNo
Heating Y/NYes
General for 220 12th St SW 125
AppliancesAll Appliances
Architectural StyleRanch
Assoc Fee Paid PerQuarterly
Attached Garage No
Cap Rate6.74
CityLoveland
Construction MaterialsMetal Siding
CoolingRoom Air Conditioner
CountyLarimer
Elementary SchoolOTHER
Garage Y/NNo
Gas Y/NNatural Gas, Xcel
Gross Income46200
HOAYes
HOA Fee$687.5
HeatingForced Air
High SchoolThompson Valley
High School DistrictThompson R2-J
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet1500
Lot Size UnitsSquare Feet
MLS AreaLoveland/Berthoud
Middle/Junior High SchoolOTHER
Net Operating Income41840
New ConstructionNo
Operating Expense4360
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofMetal
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories1
Subdivision NameSouthwest Comm Center 220 Condos Lov
Tax Annual Amount4360
Tax Year2024
Tenant PaysDeposit, Gas, Electricity, Taxes, Insurance, Association Fees, Trash Collection
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