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1109 Kimbark St

Longmont, CO 80501
  • $2,009,000
  • STATUS: Closed
  • ON SITE: 366 Days
  • MLS #: 1014455
Sold - 10/17/2024
$2,009,000
SOLD - 10/17/2024
  • 0
    BEDS
  • 0.89
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1973
County:

School Ratings & Info

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.

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© 2025 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 Keller Williams Realty Northern Colorado - Old Town. Data last updated: 2025-07-18T23:41:48.92.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.discovercoloradohomes.net/homes/152693294
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1109 Kimbark St Longmont, CO 80501

  • Price: $2,300,000
  • Status: Closed
  • On Site: 366 Days
  • MLS #: 1014455
0
Beds
0
Baths
0
½ Baths
0.89
Acres
1973
Built
Neighborhood:
Mountain View
County:
Boulder
Area:
04 Longmont City Limits
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.
Exterior Features

Construction Materials Brick/Brick Veneer Horse YN No Roof Composition Spa YN No Waterfront YN No

Interior Features

Building Area Total 20482 Cooling Refrigeration/Evaporative Cooler Cooling YN Yes Heating Forced Air Heating YN Yes Living Area Source Assessor

Property Features

Association YN No Business Type Retail-Strip Cap Rate 5.07 Ditches Active YN No Exclusions All personal property owned by the seller and/or the tenants. Gross Income 200000 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Listing Sub Status None Locale Longmont Net Operating Income 116703 New Construction YN No Operating Expense 83297 Property Condition Not NewPreviously Owned Property Sub Type Sale: Commercial/Industrial Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 55720 Tax Year 2023 Tenant Pays GasElectricityInterior Maintenance Water Source City WaterCity- Longmont Zoning MU-Corr

Listing information © 2025 Information and Real Estate Services
Listing provided courtesy of Kurt Finley of RE/MAX Nexus: 3035895100.



© 2025 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 Keller Williams Realty Northern Colorado - Old Town. Data last updated: 2025-07-18T23:41:48.92.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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Keller Williams Realty Northern Colorado - Old Town
401 Linden Street #1-105
Fort Collins CO, 80524