Longmont, CO 80501,428 Kimbark St

$800,000

Est. payment /mo

$790,000

1.3%
Est.Price: ?

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428 Kimbark St Longmont, CO 80501

2,925 SqFt

SOLD DATE : 03/01/2024

Key Details

Sold Price $800,000

Property Type Commercial

Sub Type Sale: Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 2,925 sqft

Subdivision Longmont Ot

MLS Listing ID 1001656

Sold Date 03/01/24

HOA Y/N false

Abv Grd Liv Area 2,925

Originating Board IRES MLS

Year Built 1966

Lot Size 6,534 Sqft

Acres 0.15

Property Description

Single Tenant NNN Opportunity in downtown Longmont!This 2,925 square foot freestanding building is the ideal spot for any office user seeking ample office space, parking and convenience! Currently, this building is configured for an office user with multiple private offices and cubicle spaces, a conference room, a kitchenette, and two ADA restrooms, one of which has a shower. Just a leisurely stroll to Main Street (Highway 287) where you'll find everything you may need, including, restaurants, retail, banking and more! There is currently a lease in place with Landsea Homes Corporation, who is using the building as an administrative and management office for their Colorado operations. Landsea Homes Corporation is a publicly traded company on the NASDAQ. The stock symbol is "LSEA" . Landsea has nearly a half a billion dollars in market value as of December 22, 2023.The rent for the property is $4,574.00 per month and theTenant is responsible for all NNN expenses on an absolutenet basis. Beginning on December 1st, 2024, the base rentincreases to $4,711.00 per month plus all NNN expenses. The lease expires on November 30th, 2025.

Location

State CO

County Boulder

Area Longmont

Zoning MUD

Rooms

Basement None

Interior

Heating Forced Air

Cooling Refrigeration/HVAC

Exterior

Utilities Available Natural Gas Available, Electricity Available

Waterfront false

Roof Type Composition

Building

Sewer City Sewer

Water City Water, City

Structure Type Stucco

New Construction false

Others

Senior Community false

Tax ID R0055793

SqFt Source Assessor

Special Listing Condition Private Owner

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Information and Real Estate Services (IRES)
Listed by RE/MAX Traditions Commercial • 3037723800
Bought with The Colorado Group

Rick Cavallaro

Broker/Founder | License ID: ER.040020925

+1(303) 641-1632

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