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Longmont,CO 80501
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