401 E Cleveland ST Active

Lafayette,CO 80026

$ 1500000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4410163

Style Traditional

Year Built 1960

Annual Tax Amount $19,196

Tax Year 2023

Lot Size 10,454 Sqft

Property Description

Prime commercial office building in bustling Downtown Lafayette! Welcome to 401 E Cleveland Street, a rare opportunity to own or invest in a well-maintained, 3-suite commercial office building located in the heart of Lafayette?s vibrant downtown. This versatile property offers significant potential for both owner-occupiers and investors. Each of the three office suites are uniquely designed with ample natural light, modern finishes, and flexible layouts, ideal for a variety of businesses.The current use is medical for all three tenants. For business owners, the property provides the perfect combination of convenience and opportunity, with the option to occupy one or more suites while generating additional income from the remaining units. Investors will appreciate the ability to increase lease prices to garner a solid cash flow with the added advantage of steady demand for office space in this growing area. Located just off S Public Road, Lafayette?s main thoroughfare, 401 E Cleveland Street is steps away from popular coffee shops, boutique retail, and farm-to-table restaurants, enhancing the appeal for tenants and business owners alike. With local parks nearby and easy access to Boulder, Denver, and surrounding areas, this property promises long-term appreciation and stable income in a highly desirable location. Whether you're looking to grow your business or secure a solid investment, this property is a must-see in Lafayette?s thriving downtown.

Location

State CO

County Boulder

Zoning OTR Special Use

Exterior

Garage Asphalt,Concrete

Utilities Available Cable Available,Electricity Connected,Internet Access (Wired),Natural Gas Connected,Phone Available,Phone Connected,Sewer Connected

Roof Type Composition

Building

Lot Description Corner Lot,Irrigated,Landscaped,Near Public Transit

Story 1

Sewer Public Sewer

Water Public

Structure Type Frame,Wood Frame,Wood Siding

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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