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220 12th St SW 1,740 SF Flex Condo Unit Offered at $560,000 in Loveland, CO 80537

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PROPERTY FACTS

Total Building Size 15,600 SF
Property Type Industrial (Condo)
Property Subtype
Warehouse
  • Industrial Food Processing
Building Class B
Floors 1
Typical Floor Size 15,600 SF
Year Built 2005
Lot Size 0.81 AC
Parking Ratio 1.03/1,000 SF
Opportunity Zone Yes
Zoning Developing Industrial

1 UNIT AVAILABLE

Unit 125

Unit Size 1,740 SF
Price $560,000
Price Per SF $321.84
Condo Use Flex
Sale Type Investment or Owner User
Cap Rate 6.74%
NOI $37,743.60
DESCRIPTION

Unique investment NNN opportunity to buy fully leased and equipped commissary catering kitchen in Loveland, Colo. This health department-approved commissary commercial kitchen includes fully equipped kitchen with everything needed: walk-in refrigerator and freezer, grease trap, vent hood, double oven, commercial dish washer, new kitchen mini-split AC and more. Long term lease with 6.74% Cap rate NNN lease w/ yearly escalators and personal guarantee.

SALE NOTES

Unique investment NNN opportunity to buy fully leased and equipped commissary catering kitchen in Loveland, Colo. This health department-approved commissary commercial kitchen includes fully equipped kitchen with everything needed: walk-in refrigerator and freezer, grease trap, vent hood, double oven, commercial dish washer, new kitchen mini-split AC and more. Long term lease with 6.74% Cap rate NNN lease w/ yearly escalators and personal guarantee.

  • Listing ID: 29922097

  • Date on Market: 10/30/2023

  • Last Updated:

  • Address: 220 12th St SW, Loveland, CO 80537

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