400 Main ST #1 new to site

Longmont,CO 80501

$ 2200000

- Bed

- Bath

- SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision 400 Main Street Condo

MLS Listing ID IR1031728

HOA Y/N No

Originating Board recolorado

Year Built 1910

Tax Year 2024

Lot Size 3,125 Sqft

Acres 0.07

Property Description

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.

Location

State CO

County Boulder

Zoning Commercial

Rooms

Basement None

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Exterior

Utilities Available Electricity Available,Natural Gas Available

Roof Type Other

Building

Water Public

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Other

Middle Schools Other

High Schools Other

School District Other

Others

Ownership Individual

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

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