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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

Bank of Montreal
Snap Fitness 24/7
SouthState Bank
Anytime Fitness

Property Taxes

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
  • Listing ID: 39558253

  • Date on Market: 2/24/2026

  • Last Updated:

  • Address: 429-435 3rd St, Berthoud, CO 80513

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