Log In/Sign Up
Your email has been sent.
429-435 3rd St 3,000 SF 100% Leased Retail Building Berthoud, CO 80513 $1,100,000 ($366.67/SF) 6.45% Cap Rate



Investment Highlights
- Red Brick 'business block' building in Downtown Berthoud
- Tenants include: You + Me Floral, True Penny Aesthetics, & K9 Wisdom
- Priced $367.00/SqFt
- Commercial + Residential
- Extensively remodeled in 2022
Executive Summary
A classic red-brick "business block" in the heart of Downtown Berthoud, The Kee Building blends historic character with thoughtful modern upgrades. This mixed-use asset offers both commercial and residential opportunities, making it a versatile investment in one of Northern Colorado's most charming downtown corridors. Beautifully and extensively remodeled in 2022, the property has been carefully updated while preserving its timeless brick facade and architectural appeal. Improvements include new commercial windows and doors, updated wiring and electrical panels, refreshed plumbing and fixtures throughout, new flooring and lighting, upgraded heating and cooling systems, an exterior deck and stairs, partial brick replacement and tuckpointing, fresh paint with a custom handrail, a new concrete walkway, and updated gutters and downspouts. Current tenants - You + Me Floral, Tru Penny Aesthetics, and K9 Wisdom - contribute to the vibrant, community-oriented atmosphere that defines Downtown Berthoud. Offered at $367.00 per square foot, The Kee Building presents a rare opportunity to own an income-producing property with historic charm and modern reliability. Contact Broker for Rent Roll and Financial Summary.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,000 SF
Building Class
C
Year Built
1904
Price
$1,100,000
Price Per SF
$366.67
Cap Rate
6.45%
NOI
$70,950
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
1.15
Lot Size
0.06 AC
Parking
12 Spaces (1.17 Spaces per 1,000 SF Leased)
Frontage
77’ on 3rd St
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 94231-67-002 | Total Assessment | $110,557 |
| Land Assessment | $3,691 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $106,866 | Tax Year | 2025 |
Property Taxes
Parcel Number
94231-67-002
Land Assessment
$3,691
Improvements Assessment
$106,866
Total Assessment
$110,557
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 22
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
429-435 3rd St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
