Active
401 E Cleveland Street
Lafayette CO, 80026
$1,300,000
$191.83 per sqft
Active
6,777 sqft
Commercial
Built in 1960
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.
4410163
MLSⓇ ID
October 25, 2024
Listed
December 5, 2024
Updated
Map
401 E Cleveland Street
Lafayette CO, 80026
Interior Features
Total Stories
1
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.24 Acres
Lot Features
Corner Lot, Irrigated, Landscaped, Near Public Transit
Architectual Style
Traditional
Roof
Composition
Sewer
Public Sewer
Other Property Details
Taxes
$19,196
Tax Frequency
Annually
Garage
No
Parking
Asphalt, Concrete
Parking Total
11
View
No
County
Boulder
Water Source
Public
Pool
No
Zoning
OTR Special Use
Listing History
Date | Event | Price |
|---|---|---|
12/5/2024 | Price change | $1,300,000 -11% |
11/16/2024 | Price change | $1,450,000 -4% |
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Data last updated 7:50 PM UTC, 12/5/2024
