Frederick, CO 80530,340 Maple ST
Frederick, CO 80530,340 Maple ST
Frederick, CO 80530,340 Maple ST
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$1,250,000
Est. payment /mo
4,442 SqFt
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Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

Square Footage 4,442 sqft

Price per Sqft $281

MLS Listing ID 2480909

Style Traditional

HOA Y/N No

Year Built 1990

Annual Tax Amount $16,057

Tax Year 2024

Lot Size 0.790 Acres

Acres 0.79

Property Sub-Type Special Purpose

Source recolorado

Property Description

Exceptional investment opportunity in the heart of Downtown Frederick! This fully leased commercial property is currently operating as a daycare with a 3-year lease in place through March 2029. Annual rental income increases from $109,800 in Year 1 to $126,000 in Year 3. Estimated Year 1 NOI is $90,800, offering a solid 7.26% cap rate and projected 3-year average cap rate of 7.95%. The tenant pays all utilities and exterior maintenance, with the owner only covering taxes and building insurance (~$19,000/year). Over $300K in recent renovations, including a permitted addition, have been completed. While currently set up for childcare use, the layout also supports future office or professional service tenancy. Strong cash flow today with long-term rental upside and use flexibility tomorrow.

Location

State CO

County Weld

Zoning Commercial

Interior

Fireplace N

Exterior

Parking Features Concrete, Lighted, Storage

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

Roof Type Composition

Total Parking Spaces 37

Garage No

Building

Sewer Public Sewer

Water Public

Structure Type Frame

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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REColorado (REColorado MLS)
Listed by RE/MAX Momentum
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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340 Maple ST