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Longmont,CO 80501
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Kinsig
MLS Listing ID IR1031240
HOA Y/N No
Originating Board recolorado
Year Built 2010
Tax Year 2024
Lot Size 0.522 Acres
Acres 0.52
Property Description
Introducing an exceptional investment opportunity at 1221 S Main St, Longmont, CO 80501. This Founder Operated Ziggi's Coffee location offers a prime spot on the bustling South Main Street, with high daily traffic of over 27,000 vehicles. Boasting a 15-year Absolute NNN lease, this property ensures a hassle-free investment with a reliable tenant. With a purchase price of $2,200,000 and a solid NOI of $132,000, this property yields a competitive 6% CAP rate. Ziggi's Coffee, founded in Longmont in 2004, operates 103 locations across 21 states, showcasing a successful track record. The property, built in 2010, comprises 332 SF of retail space and a 740 SF storage area on a .52-acre lot. The Longmont market's steady growth, paired with the brand's loyal following and innovative products like Dirty Sodas, promises continued success for this location. Don't miss out on this rare chance to own a piece of this thriving coffee business in an ideal Colorado setting.
Location
State CO
County Boulder
Zoning Commercial
Rooms
Basement None
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
Utilities Available Electricity Available
Roof Type Other
Building
Water Public
Level or Stories One
Structure Type Metal Siding,Frame
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