Functional Flex Office Space

1110 Boston Ave, Longmont, CO 80501

View on Map

For Sale

$2,200,000

11,680 SF flex space with offices, lab, and shop.

Property size:

11,680 SF

Lot size:

0.40 Acres

Price / SF:

$188/SF

HighLights

11,680 sq ft of flex office space is available.
Features a mix of lab/shop space, offices, conference rooms, and breakroom.
Located next to the greenway.
Longmont's most permissive zoning.
Close proximity to open space.
Available for lease in August.

We can help!

Listing Contact

Todd Walsh

For Sale

$2,200,000

11,680 SF flex space with offices, lab, and shop.

Property size:

11,680 SF

Lot size:

0.40 Acres

Price / SF:

$188/SF

Added:: Sep 24, 2024
Days on Market:: 631
Last Refresh:: Jan 20 at 10:34 am

Property Features for 1110 Boston Ave

General Information

Standard status: Active
Size: 11,680 SF
Lot size: 0.40 Acres

We can help!

Listing Contact

Todd Walsh

Listing agent Todd Walsh License #EC100077894

Listing office Market Real Estate

Listing date Sep 24, 2024

Source Exprealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Market Real Estate

HighLights

11,680 sq ft of flex office space is available.
Features a mix of lab/shop space, offices, conference rooms, and breakroom.
Located next to the greenway.
Longmont's most permissive zoning.
Close proximity to open space.
Available for lease in August.

Overview

This 11,680 square-foot flex office space is located in Longmont, offering a mix of lab/shop space, offices, conference rooms, and breakroom accommodations. The property benefits from functional layout and ample lighting. The location is adjacent to a greenway. The property is zoned to accommodate a wide variety of business operations. Open space and Left Hand Brewing are within walking distance.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$210.2k	$18.00
− Vacancy	−$11.6k	−$0.99
EGI	$198.7k	$17.01
− OpEx	−$49.7k	−$4.25
NOI	$149.0k	$12.76

11,680 SF · lease $18.00/SF/yr · vacancy 5.50% · expense 25.00%

Alternative Uses

Best Use

Office B

$2.13M

$1.86M – $2.48M (±1% cap)

NOI $149,008 @ 7.0% cap · market cap 6.77%

Second Best

Industrial

$1.49M

$1.30M – $1.74M (±1% cap)

NOI $104,141 @ 7.0% cap · market cap 4.73%

Theoretical Best

—

same as Best Use

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

E.Z Repair Garage ... Building Supply Vantage by WhiteWater (Bike/Boat/Book/etc) Store Donald & Sons Plumbing Plumbing Service Colorado Software Arch Electronics & Wireless Store

Suggested Use

Similar Places Nearby

Nykolena Catering — 1225 Ken Pratt Blvd Suite 135, Longmont, CO 80501
Petal & Thyme - Cake and Pie Bakery — 1850 Industrial Cir, Longmont, CO 80501
Greens Point Catering — 1240 Ken Pratt Blvd #3, Longmont, CO 80501
Weedhart Pies — 9595 Nelson Rd, Longmont, CO 80501
Challah Ma'afia & Kitchen — SaladGroundKitchen/Challah Maafia, 1850 Industrial Cir, Longmont, CO 80501

Location Insight

Map
Local Demand

City: Longmont
County: Weld
State: Colorado
Longitude: -105.111
Latitude: 40.1574

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For sale
Flex space
CO
Longmont
80501
1110 Boston Ave

What type of property is this?

Flex space - 11,680 SF flex space with offices, lab, and shop.

Where is this flex space located?

The property is located at 1110 Boston Ave Longmont, CO.

What is the asking price?

The asking price for this property is $2,200,000.

What are key features of this property?

This property features: 11,680 sq ft of flex office space is available.; Features a mix of lab/shop space, offices, conference rooms, and breakroom.; Located next to the greenway.

1110 Boston Ave, Longmont, CO 80501

11,680 SF flex space with offices, lab, and shop.

Property Features for 1110 Boston Ave

General Information

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Duplex-Style Residential Income Property

Remodeled Duplex with Income Potential

Longmont Home Near Ute Creek

Freestanding Industrial Building in Longmont

Longmont Duplex with Downtown Access

Longmont Mixed-Use Redevelopment Opportunity

Longmont Medical Office Redevelopment Opportunity

Turnkey Bingo Business Opportunity

Profitable Bingo Business For Sale

Main Street Retail Opportunity

Longmont Corner Site Near Hospital

Longmont Standalone Office Building For Sale

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