Lafayette, CO 80026,401 E Cleveland ST
Lafayette, CO 80026,401 E Cleveland ST
Lafayette, CO 80026,401 E Cleveland ST
$1,000,000
$1,190,000 16.0%
Est. payment /mo
10,419 SqFt

UPDATED:

Key Details

Sold Price $1,000,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 10,419 sqft

Price per Sqft $95

MLS Listing ID 4410163

Sold Date 05/30/25

Style Traditional

HOA Y/N No

Year Built 1960

Annual Tax Amount $19,196

Tax Year 2023

Lot Size 10,419 Sqft

Acres 0.24

Property Sub-Type Office

Source recolorado

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

Interior

Fireplace N

Exterior

Parking Features Asphalt, Concrete

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

Roof Type Composition

Total Parking Spaces 11

Garage No

Building

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

Sewer Public Sewer

Water Public

Structure Type Frame,Wood Siding

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None


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REColorado (REColorado MLS)
Listed by Price & Co. Real Estate
Bought with Keller Williams Preferred Realty
agent-avatar

I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding buyers in the Denver Metro area. Whether you are a first-time home buyer or seasoned investor, I'll dedicate myself to building a working relationship to make the process smooth and enjoyable.

 

I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of sellers.

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401 E Cleveland ST