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397 Highway 119

2,000 SF 100% Leased Retail Building Nederland, CO 80466 £793,485 (£397/SF) 8.08% Net Initial Yield

Executive Summary

Seller Financing Available
Cap rate based off market rate for rental properties in the area
This property can host almost any business you can think of with current multiple inquiries to rent

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,000 SF
Building Class
C
Year Built
1986
Price
£793,485
Price Per SF
£397
Net Initial Yield
8.08%
NOI
£64,120
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Loading Docks
2 Exterior
Building FAR
0.09
Lot Size
0.49 AC
Zoning
Commercial- Industrial - General Commercial (GC) zoning allows for other business opportunities.
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
50 ft on East Street.

Amenities

  • 24 Hour Access
  • Bus Route
  • Storage Space
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PROPERTY TAXES

Parcel Number 1583131-04-004 Improvements Assessment £34,661
Land Assessment £44,724 Total Assessment £79,385

PROPERTY TAXES

Parcel Number
1583131-04-004
Land Assessment
£44,724
Improvements Assessment
£34,661
Total Assessment
£79,385
(434) 386-3000

Contact

  • Daniel Vollmer
    Daniel Vollmer
  • Distinct Real Estate

  • Listing ID: 31694038

  • Date on Market: 03/05/2024

  • Last Updated:

  • Address: 397 Highway 119, Nederland, CO 80466

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397 Highway 119
(434) 386-3000 x

397 Highway 119

Daniel Vollmer

(434) 386-3000

(434) 386-3000

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