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    101 Cannon St Lafayette, CO 80026

    Sponsored
    For Sale
    $1,200,000

    Versatile 1,104 sq ft building, prime location.

    Property size:
    1,104 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,104-square-foot building presents a rare investment opportunity in the heart of Lafayette, Colorado. Located at 101 W Cannon St, this meticulously maintained property sits on a spacious 6,546-square-foot corner lot. The building, renovated in 2016, boasts a classic yet modern design, featuring three rooms, two bathrooms, and a full kitchen. Its versatile layout has accommodated a variety of uses in the past, including a short-term rental, retail shop, office space, health/wellness center, and art gallery. Previous owners explored a wine bar concept and collaborated extensively with the city on its development. The property's prime location in downtown Lafayette offers unparalleled convenience, with numerous amenities within walking distance. This stabilized investment, priced at $1,200,000, offers significant potential for a variety of uses, making it an ideal opportunity for an owner-operator or investor seeking a strong return. The property's history of successful operations and its prime location make it a truly unique and desirable asset. The building's adaptability and the collaborative relationship with the city create a strong foundation for future success. This is a chance to own a piece of Lafayette's vibrant downtown.

    Property Features for 101 Cannon St

    General Information

    Property type
    Day care centers
    Square Feet
    1,104 SF

    Building Details

    Year Renovated
    2016

    HighLights

    • $1,200,000 asking price for a stabilized investment.
    • 1,104 square foot building on a 6,546 square foot lot in Lafayette, CO.
    • Property features three rooms, two bathrooms, and a full kitchen.
    • Renovated in 2016.
    • Versatile property with past uses including short‑term rental, retail, office, health/wellness, and art gallery; prior exploration of a wine bar concept.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    The House Inn Hotel

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Boulder
    State
    Colorado
    Longitude
    -105.09067766683
    Latitude
    39.99627250848

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    FAQs

    What type of property is this?
    Day care center - Versatile 1,104 sq ft building, prime location.
    Where is this day care center located?
    The property is located at 101 Cannon St Lafayette, CO.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: $1,200,000 asking price for a stabilized investment.; 1,104 square foot building on a 6,546 square foot lot in Lafayette, CO.; Property features three rooms, two bathrooms, and a full kitchen.
    Request Owner's contact information
    101 Cannon St Lafayette, CO 80026
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    Lafayette, CO 80026
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 Cannon St Lafayette, CO 80026
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