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$2,009,000
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Property Description
Here is a Longmont income property just off Main St with 10 retail/office rental spaces and 12 garage storage units along Kimbark St and on 11th Ave. The location rests at the heart of Longmont, with restaurants, shopping, green spaces and government offices close by. Occupancy has been historically strong. Current leases are shorter term and current lease rates are decidedly under market. This property has a lot of upside potential for additional net operating income for the savvy investor.
Full Property Details
Full Property Details for 1109 Kimbark St
General
- Sold For: $2,009,000
- Taxes: $55,720 (2023)
- Status: Closed
- Type: Industrial
- Source: IRES
- MLS ID: 1014455
- Added to Site: 586 day(s) ago
Business
- Business Type: Retail-Strip
Location
- Area: Longmont
- County: Boulder
- Subdivision: Mountain View
- Driving Directions: In Longmont, drive to the intersection of Main Street and 11th Ave. The property is one block east on 11th Ave. and one block north on Kimbark St.
Heating & Cooling
- Cooling Type: Refrigeration/Evaporative Cooler
- Heating Type: Forced Air
Utilities
- Sewer: City Sewer
- Water: City Water, City- Longmont
Structural Information
- Exterior Const.: Brick/Brick Veneer
- Square Feet: 20,482
- Year Built: 1973
Lot Features
- Lot Size (Acres): 0.89
- Lot Dimensions: 38703
- Zoning: MU-Corr
Financial Considerations
- Tax Amount: $55,720
- Tax Year: 2023
- Tenant Pays: Gas, Electricity, Interior Maintenance
Disclosures and Reports
- Exclusions: All personal property owned by the seller and/or the tenants.
Listed by RE/MAX Nexus (970) 295-4760
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Schools
Schools serving 1109 Kimbark St
School District:St. Vrain Valley School District Re 1j
| Name | Grades | Distance |
|---|---|---|
Columbine Elementary School, Longmont, CO 111 Longs Peak Avenue, Longmont, CO 80501 | PK-5 | 0.7 mi |
Trail Ridge Middle School 1000 Button Rock Drive, Longmont, CO 80501 | 6-8 | 2.3 mi |
Skyline High School 600 East Mountain View, Longmont, CO 80501 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1109 Kimbark St
Date
Details
Price
Change
Source
10/17/2024
Sold
$2,009,000
-12.65%
MLS
7/17/2024
Listed
$2,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1109 Kimbark St, Longmont, CO 80501 (MLS# 1014455) is a Industrial property that was sold at $2,009,000 on October 17, 2024. Want to learn more about 1109 Kimbark St? Do you have questions about finding other Industrial real estate for sale in Longmont? You can browse all Longmont real estate or contact a Coldwell Banker agent to request more information.

