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    218 E 5th Ave

    Frederick, CO 80504
    • $355,000
    • STATUS: Active
    • ON SITE: 49 days
    • MLS #: 939420
    $355,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,124
      SQFT
    • $316
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    A nice little 1124 sq ft building on a 6250 sq ft commercial lot. Currently houses Bold Brokers real estate company with a lease until July 31, 2021 at $925/mo. Tenant pays all utilities. Owner pays taxes and insurance. Two new restaurants opened next door to the West. Could be stand alone business or scraped to rebuild a larger commercial space. Sheds in back included. Lot runs from 5th Street to the alley. Priced at appraised value in February of $355,000. Used potential rent of $1500/mo in the example.

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    © 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Partners, LLC.. Data last updated: 2021-06-23T23:38:21.887.
    www.downtownre.com/homes/116789581
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    218 E 5th Ave Frederick, CO 80504

    • Price: $355,000
    • Status: Active
    • MLS #: 939420
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1,124
    SQFT
    $316
    $/SQFT
    1922
    Built
    Neighborhood:
    Frederick Town
    County:
    Weld
    Area:
    10 Weld County (all)
    Elementary School:
    Frederick
    Middle School:
    Frederick
    High School:
    Frederick
    School District:
    ST Vrain Dist RE 1J
    Property Description
    A nice little 1124 sq ft building on a 6250 sq ft commercial lot. Currently houses Bold Brokers real estate company with a lease until July 31, 2021 at $925/mo. Tenant pays all utilities. Owner pays taxes and insurance. Two new restaurants opened next door to the West. Could be stand alone business or scraped to rebuild a larger commercial space. Sheds in back included. Lot runs from 5th Street to the alley. Priced at appraised value in February of $355,000. Used potential rent of $1500/mo in the example.
    Exterior Features

    Architectural Style Ranch Construction Materials Wood/Frame Horse YN No Lot Features SidewalksWithin City Limits Other Structures Storage Property Attached YN No Road Frontage Type City Street Road Surface Type PavedAsphalt Roof Composition Spa YN No Waterfront YN No

    Interior Features

    Basement Unfinished Has Family Room No Heating Forced Air Heating YN Yes Living Area Source Assessor Unit1 Est Sq Ft 1124 Unit1 Total Baths 1

    Property Features

    Association YN No Cap Rate 2.94 Electric Electric Exclusions Tenants Possessions. Gas Natural Gas Gross Income 17820 Has Green Features Addendum No Has Hoa Covenants No Has Hoa2 No Has Hoa2 Covenants No Has Improvements No Has Solar Thermal No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Locale Frederick Net Operating Income 10445 New Construction YN No Operating Expense 7375 Possible Use Commercial Or Industrial Property Condition Not NewPreviously Owned Property Sub Type Commercial Senior Community YN No Sewer City Sewer Tax Annual Amount 3975 Tax Year 2020 Tenant Pays DepositGasElectricityWaterSewerInterior Maintenance Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity Of Frederick Zoning Retail

    Listing information © 2021 Information and Real Estate Services
    Listing provided courtesy of Tom Fowler of Coldwell Banker Realty-Boulder.



    © 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Partners, LLC.. Data last updated: 2021-06-23T23:38:21.887.
     
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