709 3rd Avenue
Category Office
Address
709 3rd Ave
Longmont, CO 80501
(303) 772-2222
Details
Email Address: keith@kanemoto.com
Property Type: Office
Vacant SF: 4,188
Sale Price: $895,000
Listing Contact:
KEITH KANEMOTO, SIOR
Broker Associate
Re/Max Commercial
OPPORTUNITY ZONE!!!
Unique opportunity to purchase the Historic Hamm House in Old Town Longmont. Designated a Historic Landmark in 1980, this substantial two-story brick home was built by Charles H. Wessel in 1906. Later converted into multiple small offices, this building now contains over 2,100 rentable square feet that are occupied by longstanding tenants that include Colorado Wheelchair, Wildflower Acupuncture, and Aspen Counseling Group. Offices range in size from 92 square feet to 499 square feet and there is currently only one vacancy. Includes 7 parking spaces. Tenants pay all operating expenses, including utilities, which are prorated. This investment is being sold with a Seller subsidized 7% capitalization rate for 12 months after Closing to allow for an investor to stabilize leases. An approximately $68,900 credit will be provided at Closing.
Nearby Eat & Drink
- Java Stop301 Main St (339 feet E)
- China Panda301 Main St (368 feet E)
- The Speakeasy301 Main St (387 feet E)
- Landline Doughnuts321 Main St (404 feet NE)
Nearby Shopping
- Moroccan Rugs and Gifts603 3rd Ave (329 feet E)
- Sandy's Custom Tailors605 3rd Ave (346 feet E)
- Absolute Vinyl Records & Stereo319 Main St (371 feet NE)
- Primitive Country Loft House315 Main St (390 feet NE)
Nearby Parking
- 300 West Parking Lot300 Coffman St (396 feet NE)
- 200 East Parking Lot (690 feet SE)
- Safety and Justice Center Parking Lot225 Kimbark St (729 feet E)
- 300 East Parking Lot300 Kimbark St (786 feet NE)