Sold
1109 Kimbark St
Longmont CO, 80501
$2,009,000
$98.09 per sqft
Sold
20,482 sqft
Commercial
Built in 1973
Here is a Longmont income property just off Main St with 10 retail/office rental spaces and 12 garage storage units along Kimbark St and on 11th Ave. The location rests at the heart of Longmont, with restaurants, shopping, green spaces and government offices close by. Occupancy has been historically strong. Current leases are shorter term and current lease rates are decidedly under market. This property has a lot of upside potential for additional net operating income for the savvy investor.
1014455
MLSⓇ ID
July 17, 2024
Listed
November 13, 2024
Updated
Map
1109 Kimbark St
Longmont CO, 80501
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Refrigeration/Evaporative Cooler
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.89 Acres
Roof
Composition
Sewer
City Sewer
Other Property Details
Area Name
Longmont
Taxes
$55,720
Tax Frequency
Annually
Days on Market
29
Garage
No
View
No
County
Boulder
Water Source
City Water, City- Longmont
Pool
No
Zoning
MU-Corr
Listing History
Date | Event | Price |
|---|---|---|
10/19/2024 | Sold | $2,009,000 |
8/16/2024 | Pending | — |
Listed by Kurt Finley with RE/MAX Nexus
Listing Contact: 3035895100
The IDX display contains information sourced from Information and Real Estate Services, LLC (IRES) as of 11/13/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Information deemed reliable but not guaranteed by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 11/13/2024 at 8:03 PM UTC