Address
929 38th Avenue Court # 101, Greeley, CO
Price
$ 249,900
Property Attributes
- MLS#9066324
- TypeCommercial
- CountyWELD
- CityGreeley
- Zip80634
- StyleStripCenter
- Year Built1972
- Taxes$ 5313
- Price$ 249,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.02 Acres
Data Source:
REColorado (MTOMLS)
Property Description
Perfect OFFICE / RETAIL space in the legendary Westmoor West Condos. Currently used as an insurance office, this space has the perfect floorplan with over 1500 SF, an inviting lobby, glass enclosed reception desk and extended work area, 4 additional large offices/conference rooms, storage, 2 bathrooms and more. This unit makes a great investment property (current tenant-Farmer's Insurance), or would be great for an owner occupied small business (current lease expires 5/23). Current HOA improvements to the buildings include over $68,000 for a new roof, HVAC & parking lot improvements, & painting. Current owner is paying this unit's share (over $8k) of that assessment in full. Seller is offering a $3,000 incentive toward closing costs, buying down the rate, or concession. Gross lease $2,700/mo, includes all utilities except internet. Please contact Listing Agent for lease details.
| Price History | |
|---|---|
| 8/12/2022 | Listed $325,000 |
| 10/7/2022 | 4% - $315,000 |
| 3/16/2023 | 6% - $299,000 |
| 5/8/2023 | 5% - $285,000 |
| 6/14/2023 | 13% - $250,000 |
| 2/20/2024 | 1% - $249,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Roof | Other |
| Zoning | COM |
| Construction Materials | Brick |
| Year Built | 1972 |
| Unit Number | 101 |
| Property SubType | Office |
| Tax Year | 2021 |
| Current Use | Office |
| Gross Income | 15508 |
| Building Name | Westmoor West Condos |
| County | Weld |
| Operating Expense | 15508 |
| Property Type | Commercial Sale |
| Attached Garage | No |
| Status | Active |
| City | Greeley |
| Buyer Agent Compensation | 3 |
| Total Units | 1 |
| Lot Size Square Feet | 750 |
| Street Name | 38th Avenue |
| Tax Annual Amount | 5313 |
| Lease Considered Y/N | Yes |
| Structure Type | StripCenter |
| Lease Type | Gross |
| Standard Status | Active |
| Cap Rate | 4.77 |
| Buyer Agent Compensation Type | % |
| Lease Amount | 2700 |
Interior Features
| Street Suffix | Court |
|---|
Exterior Features
| Water Source | Public |
|---|---|
| Lot Size Area | 750 |
| Lot Size Acres | 0.02 |
| Road Surface Type | Paved |
| Lot Size Units | Square Feet |
| Road Frontage Type | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 80634
Price
Taxes
Visits
Year Built
Walkscore
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