WILL CONSIDER ALL OFFERS | 1404 Colorado St
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WILL CONSIDER ALL OFFERS 1404 Colorado St
24,233 SF Office Building Boulder City, NV 89005 For Sale
Executive Summary
RARE OPPORTUNITY TO PURCHASE AT HIGHLY DISCOUNTED PRICE. Rehab is underway, but the owners lost their tenant. Stamped plans available or adapt the plans for your own personal use or investment opportunity. 25,367sf on two floors with abundant parking. Property is free-standing on approximately 1.6 acres.
The building's primary use is as either office or medical and was previously the headquarters for Boulder Dam Credit Union. A complete set of approved plans are available to interested buyers upon request. The existing lender, Town and Country Bank is willing to lend to a qualified buyer - general terms are 70% LTV, interest in the mid 6% range, 25 year amortized loan, PLUS full funding of the remaining rehab costs rolled into the loan.
Owners are willing to discuss any possible opportunities to complete the project (possible JV) or any offers to purchase. Please call/text/email listing agent to discuss this opportunity further.
Dianne Simmons, 702-349-9656
SimmonsCommercial@gmail.com
The building's primary use is as either office or medical and was previously the headquarters for Boulder Dam Credit Union. A complete set of approved plans are available to interested buyers upon request. The existing lender, Town and Country Bank is willing to lend to a qualified buyer - general terms are 70% LTV, interest in the mid 6% range, 25 year amortized loan, PLUS full funding of the remaining rehab costs rolled into the loan.
Owners are willing to discuss any possible opportunities to complete the project (possible JV) or any offers to purchase. Please call/text/email listing agent to discuss this opportunity further.
Dianne Simmons, 702-349-9656
SimmonsCommercial@gmail.com
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Shell & Core
Property Type
Office
Property Subtype
Data Centre
Building Size
24,233 SF
Building Class
C
Year Built/Renovated
1968/2009
Tenancy
Single
Number of Floors
2
Typical Floor Size
12,116 SF
Slab to Slab
9 ft
Building FAR
0.35
Lot Size
1.60 AC
Zoning
C1, Boulder City - Commercial
Parking
100 Spaces (4.13 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Security System
- Partitioned Offices
- Reception
- Air Conditioning
Bike Score ®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 186-04-401-016 | Improvements Assessment | £232,248 |
| Land Assessment | £191,075 | Total Assessment | £423,324 |
PROPERTY TAXES
Parcel Number
186-04-401-016
Land Assessment
£191,075
Improvements Assessment
£232,248
Total Assessment
£423,324
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WILL CONSIDER ALL OFFERS | 1404 Colorado St
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