$2,200,000
$2,200,000
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400 Main ST #1 Longmont, CO 80501
1,678 SqFt
Key Details
Sold Price $2,200,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 1,678 sqft
Price per Sqft $1,311
Subdivision 400 Main Street Condo
MLS Listing ID IR1031728
Sold Date 07/15/25
HOA Y/N No
Year Built 1910
Tax Year 2024
Lot Size 3,125 Sqft
Acres 0.07
Source recolorado
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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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Non-IRES