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Miranda Cantin

nocohomes.miranda@gmail.com +1(970) 405-3498

$ 2,200,000

Est. payment | -/mo

1,072 SqFt

Save

$ 2,200,000

Est. payment | -/mo

Save

1,072 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,072 sqft

Subdivision Kinsig

MLS Listing ID IRE1031240

HOA Y/N No

Year Built 2010

Tax Year 2024

Lot Size 0.520 Acres

Acres 0.52

Source ires

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

Community Kinsig

Area Longmont

Zoning Commercial

Rooms

Basement None

Interior

Heating Forced Air

Appliance Fire Alarm

Exterior

Utilities Available Electricity Available

View Y/N No

Roof Type Other

Improvements No

Garage No

Building

Water City

Level or Stories One

Structure Type Frame,Metal Siding

New Construction false

Schools

Elementary Schools Other

Middle Schools Other

High Schools Other

School District Other

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)

Listed by Annah Moore

Schools and Properties Nearby

1221 S Main Longmont, CO 80501