$319,900
$319,900
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1,742 Sqft Lot
SOLD DATE : 05/07/2024
Key Details
Sold Price $319,900
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 7209871
Sold Date 05/07/24
HOA Y/N No
Originating Board recolorado
Year Built 1957
Annual Tax Amount $5,192
Tax Year 2022
Lot Size 1,742 Sqft
Acres 0.04
Property Description
Great investor opportunity in busy Downtown Brighton on South Main Street. Downtown Brighton features art, entertainment, restaurants, retail, services and more. This 1525 square foot building features great presence, visibility and traffic counts. Located across the street from Wells Fargo Bank. Stable H & R Block tenant with approximately 2.5 years remaining on the current lease. The current NNN Lease price is $14.31 per square foot annually. The Cap Rate is 5.7% as represented by Seller. Lease escalation price goes into effect on November 1 of 2024 and 2025. The 2023 real estate tax bill is $4724.00. Building was renovated in 2013.
Office space is wide open. The current tenant is utilizing cubicle working spaces with a nice entry area. One large bathroom. Street parking only. Basement/cellar area for storage only.
Location
State CO
County Adams
Zoning DT
Interior
Fireplace N
Exterior
Roof Type Composition
Garage No
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Stucco
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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