760 Mountain View Ave, Longmont, CO 80501

$549,000

Property Description

Duplex/Triplex offices. Total sq./ft. is 2,550. 762 is 1,482 sq./ft. and has a lease in place from 6/1/22-8/30/2024. Base rent starts at $13.00sq./ft., with 3% annual escalations and the 2022 estimated NNN's are $3.67sq./ft.. 760 is 1,068sq.ft. and is currently occupied by the owners and will vacate prior to closing, so the buyer could be an owner/user or lease out to another tenant. 760-762 Mountain View is currently zoned Residential-Mixed Neighborhood (R-MN), could be changed to residential duplex w/maximum units of three. The process would be a site plan waiver application, with an approval/not approved being a 3 to 4 week process. On site and street parking. Property has a large monument sign.

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Listing courtesy of Edward Regel.

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