225 Oak Street Bldg , Unit

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Active Frederick, CO 80530 MLS# 2541288 Listed by Dan Fortune on 01/21/2022
$540,000
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Commercial Property Type
0.14 Acres
2109.00 Sq Ft
1975 Year Built
RETAIL TRD Zoning

Overview

Building and laundry business sold together. THE LAUNDRY BUSINESS: - Only laundromat in the Tritown area. Closest competition is in Fort Lupton 13 miles away - 20 + years in business. - Dexter is #1 brand of commercial washers/dryers. 10 Dexter standard dryers. 4 Dexter oversized dryers. 4 front loading Dexter washers. 15 top loading Whirlpool Heavy Duty Commercial Washer. All machines are approximately 13 years old. - Newer change machine - 500 gallon water storage tank - Two newer 75 gal hot water heaters THE BUILDING: - Centrally located in downtown Frederick. One of the fastest growing communities in Northern Colorado. - Located Downton in Old-Town Frederick with major traffic vehicle and foot traffic exposure - 2 unit, Solid block structure - Ample off-street parking - Fully leased. Convenience store on one year lease and Laundry business in place over 20 years. - Low taxes - On-site bathroom - Locked-off on-site Office - Roof less than 10 years - New cooling systems TENANT -Pays all utilities and building maintenance - Great tenant wanting to stay beyond current lease of 7/31/22 - Paying 1350/month (below market)

New Home Sales Hours

Courtesy Of Your Castle Real Estate Inc
Source: REcolorado

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    Features

    Leasing Information

    Leasing Details
    • Application Fee $
    • Availability Date
    • Corporate Rental?
    • Deposits Potentially Refundable
    • Existing Lease Type
    • Lease Amount $
    • Lease Description
    • Lease Duration
    • Liability Insurance Required
    • Owner Pays
    • Rent Deposit
    • Rental Application
    • Security Deposit $
    Pet Details
    • Pet Deposit
    • Pet Rent
    • Pets Allowed

    Interior Features

    Summary

    • Year Built Effective 1975
    Basement Details
    • Basement? No
    • Basement
    • Basement Ceiling Height
    Fireplace Detail
    • Fireplace Features
    • No. of Fireplaces
    Square Foot Details
    • SqFt 2,109
    • Living Area, Finished
    • Above grade, Finished
    • Basement, Finished
    • Basement, Unfinished
    • PSF Total $256.05
    • PSF Finished $
    • PSF Above Grade $
    Use details
    • Leaseable Area
    • Office Area
    • Retail Area
    • Warehouse Area
    Other
    • Accessibility Features
    • Appliances
    • Building Class Class C
    • Building Features
    • Ceiling Height
    • Common Walls
    • Exclusions All tenants fixtures and property.
    • Flooring
    • Furnished
    • Interior Features
    • Laundry Availability
    • Security Features Security Lights,Smoke Detector(s)
    • Spa Features
    • Window Features

    Room Details

    Bathroom Details Total Bathrooms:
    Bathroom Location Details
    Bedroom Location Details Total Bedrooms:
    More Room Details

    Unit Information

    Summary

    • Number of Units 2
    • Number of Units Furnished
    • Number of Units Vacant 0
    • Unit Features
    Single Unit Details

    Exterior/Lot Features

    Summary

    • Available Elevations
    • Entry Location
    • Faces
    • Horse Amenities
    • Horse Property
    • Levels
    • Stories
    • Structure Type Free Standing
    • Unit Floor #
    • View
    Builder Details
    • Builder
    •  
    • Completion Time From Groundbreaking
    • Model Type
    Construction details
    • Architecture
    • Construction Materials Block,Brick,Frame
    • Foundation Details
    • Roof
    Exterior Details
    • Dock Features
    • Door Features
    • Exterior Features
    • Fencing
    • Number of Docks
    • Number of Doors
    • Number of Storage Units
    • Other Equipment
    • Other Structures
    • Patio And Porch Features
    • Pool Features
    • Ski Features
    Livable Structure Details
    Lot Details​​​​​​​
    • Acres Leased
    • Crop Acres
    • Cultivated Acres
    • Features
    • Irrigated Acres
    • Lot Number
    • Lot Size Acres 0.14
    • Lot Size Dimensions
    • Lot Size SqFt 6,098.40
    • Sq Ft
    • Pasture Acres
    • Price Per Acre $3,857,142.86
    • Vegetation
    • Waterfront Features
    Mobile Details
    • Make
    • Model
    • Body Type
    • Exterior Dimensions x
    • Skirt
    Outbuilding details
    Road details
    • Access
    • Road Responsibility
    • Road Surface Paved

    Parking/Garage

    Parking Space Summary

    Parking Features

    • Total Parking Spaces 8
    • Garage Spaces
    • Total Carport Spaces
    • Total Offstreet Spaces 8
    • Total Reserved Spaces 0
    • Total RV Spaces 0
    Parking Space Details

    Utilities & Green Home Features

    Summary

    • Cooling
    • Green Energy Efficient
    • Heating
    • HVAC Description
    Green Ratings
    Power Production Details
    Sewer
    • Sewer Public Sewer
    • Sewer Fee
    • Sewer Tap Paid YN
    Utilities details
    • Electric Service
    • Gas Tap Fee
    • Gas Tap Paid YN
    • Utilities
    Water / Well
    • Irrigation Source
    • Issued Well Permit Numbers
    • Water Available 1
    • Water Source Public
    • Well Type
    • Well Usage
    • Water Fees
    • Water Tap Paid?
    • Water/Mineral Rights

    Association Information

    HOA Summary

    • Amenities Completed
    • Amenities Opening
    • Association Amenities
    • Association(s) No
    • HOA Fee Includes
    • Total Annual HOA Fees $0
    1st HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    2nd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    3rd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    Restrictions & Covenants
    • Pets Allowed
    • Rentals Allowed
    • Restrictions
    • Restrictions Other
    • Restrictions/Covenants? No

    Financial Considerations

    Summary

    • Cap Rate 8.60
    • Cap Rate Calculation
    Actual expense details
    • Annual Expenses Benefits
    • Annual Water Expense $
    • Association Fee Annual Expense $
    • Cable TV Expense $
    • CAM Fees $
    • Electric Expense $
    • Gas Expense $
    • Insurance Expense $
    • Internet Annual Expense $
    • Maintenance Expense $
    • Operating Expense $
    • Operating Expense Includes Insurance,Real Estate Tax
    • Other Expense
    • Payroll Annual Expense $
    • Personal Property Annual Expense $
    • Phone Annual Expense $
    • Professional Management Expense $
    • Real Estate Taxes $
    • Workmans Compensation Expense
    Commission Information
    • Buyer Agency Compensation 2.50%
    • Transaction Broker Compensation 2.50%
    • Compensation Offered
    • Dual Variable Compensation No
    • Commission Modified
    • Closing Comments
    Income details
    • Actual Annual Net Income $
    • Gross Income $61,000
    • Income Includes
    • Income Includes Description
    Landleasing details
    • Land Lease Amount
    • Land Lease Amount Frequency
    • Land Lease?
    Projected
    • Other Annual Income $
    • Potential Rental Income Annual $
    • Projected Annual Expense $
    • Projected Annual Net Income $
    • Projected Gross Income $61,000
    • Projected Gross Operating Income $
    • Vacancy Credit Losses
    Tax details
    • Annual Tax $6,129
    • Legal Description FRE 20820 L1-2-3 BLK7 EXC BEG NE COR L1 SOD01'W 45.97' S89D57'W 75' N0D01'E 46.03' E75' TO BEG
    • Tax Exemptions
    • Tax ID R5536286
    • Tax Year 2020
    Other
    • Tenant Pays
    • Utilities Metering
    • Utilities Paid By Tenant

    Neighborhood

    Summary

    • Building Name
    • Development Name
    • Park Name
    • Senior Community No
    • Subdivision
    New Home Community
    • Community Description
    • Community MLS #
    • Community Name
    • Community Opening
    • Community Website
    • Current Promotions
    • Development Status
    • Directions from Agent
    • Move In Date
    • New Home Available Options
    • New Home Land MLS #
    • New Home Plan MLS #
    Zoning Details
    • Current Use Commercial
    • Incorporated? No
    • Zoning RETAIL TRD
    • Zoning Jurisdiction

    Other

    Business Details
    • Business Amenities
    • BusinessDescription
    • BusinessType
    • Year Established
    History
    • Original List Price $565,000
    Partial Ownership Details
    • Partial Ownership Amount
    • Week Remarks
    • Weeks Available
    Other
    • Home Warranty
    • Ownership
    • Possession Closing/DOD
    • Special Listing Conditions
    • Year Built 1975

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    School Zone

    District:
    Schools: Elementary School, High School, Middle School

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    Walk Score

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