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    218 E 5th Ave

    Frederick, CO 80504
    • $355,000
    • STATUS: Active
    • ON SITE: 44 days
    • MLS #: 939420
    UPDATED: 62 min ago
    $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 Tracy's Team | RE/MAX Alliance. Data last updated: 2021-06-19T14:39:18.17.
    www.homesinnortherncolorado.com/homes/116789581
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    218 E 5th Ave Frederick, CO 80504

    • Price: $355,000
    • Status: Active
    • Updated: 62 min ago
    • 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

    Construction Wood/Frame Location Description Within City Limits Lot Improvements Street PavedSidewalks Outdoor Features Storage Buildings Property Styles 1 Story/Ranch Road Access City Street Waterfront No

    Interior Features

    Basement Foundation Unfinished Basement Heating Forced Air Inclusions Smoke Alarm(S)

    Property Features

    Capitalization Rate 2.94 Energy Star Certified No Gross Operating Income 17820.0000 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status None Locale Frederick Nahb Certified No Net Operating Income 10445.0000 New Construction Status Not NewPreviously Owned New Financing CashConventional Ownership Private Owner Possible Usage Commercial Or Industrial Tax Year 2020 Taxes 3975 Tenant Pays DepositGasElectricWaterSewerInterior Maintenance Total Operating Expense 7375.0000 Utilities Natural GasElectric 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 Tracy's Team | RE/MAX Alliance. Data last updated: 2021-06-19T14:39:18.17.
     
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    Tracy's Team | RE/MAX Alliance
    750 W. Eisenhower Blvd.
    Loveland CO, 80537