242 S 9th Street Burlington, CO ^$ 399,000

242 S 9th Street

^$ 399,000

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242 S 9th Street

Burlington, CO, 80807

^$ 399,000

Studio Baths0.0 Sq 7,740

Monthly Estimate*

^$ 2,787

Listed by Sunrise Land Company LLC

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Studio

Commercial Property for sale in Burlington, CO

for $399,000. This 7,740 square foot building was built in 1997 on a lot size of 1.49.

Family-owned for 21 years / Excellent reputation / High growth potential: Established in 2002, William’s Floral and Garden Center has provided Eastern Colorado and Western Kansas with high-quality plants, shrubs, trees, soil conditioners, landscape tooling, and floral arrangements to both contractors and residential clients for 21 years. Through fair business practices and a low-cost business model, this company has secured a large customer base who return each year for their floral and garden needs. The business is located 1 block off Burlington’s main thoroughfare, Rose Avenue, and two blocks off Interstate 70 Exit 438, making this retail location excellent for traffic flow. The property consists of an 11,000 s/f landscape display area with a pergola complete with irrigation lines throughout. The retail store is all under 6600 s/f building and greenhouse. Outback is bulk aggregate storage and overflow parking totaling approximately 26,000 s/f. along with an 1140 s/f metal storage building. Out front is paved parking totaling 10,500 s/f with an additional 2400 s/f of gravel overflow parking. The growth potential of this company is extremely high for a motivated and aggressive entrepreneur. All FFE is included in this sale. After 21 years in the business, they have achieved an impressive level of success with minimal marketing. With few competitors in the market area and room to expand on-site, a new owner has countless possibilities to expand this reputable business.

Commercial Active

Price

^$ 399,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,476

Style

Free Standing

Lot Size

1.49

Year Built

1997

Town/City

Burlington

County/Region

Kit Carson

MLS | Web ID

5021488

Features

General

Sewer Public Sewer

Utilities Cable Available Electricity Connected Internet Access (Wired) Phone Connected

Possession Closing/DOD

Roof Metal Other

Zoning Commercial 2

Garage Spaces 4

Security Features Fire Alarm Smart Cameras

Construction Materials Frame Metal Siding Other

Exclusions Seller's Personal Property

Year Built 1997

Electric 220 Volts

Property SubType Retail

Tax Year 2023

Current Use Retail

Gross Income 198809

County Kit Carson

Operating Expense 132832

Property Type Commercial Sale

Attached Garage N

Building Features Fixtures/Equipment Included Signage Included Storage

Status Active

Directions From the Rose Avenue and 9th Street intersection turn south on 9th Street 400 feet to the property on the East side of the road.

City Burlington

Buyer Agent Compensation 2.8

Total Units 1

Lot Size Square Feet 64824

Carport Spaces 0

Street Name 9th

Tax Annual Amount 5476.64

Leasable Area 7740

Lease Considered Y/N N

Structure Type Free Standing

Standard Status Active

Occupancy Description Owner

Cap Rate 14.7

Buyer Agent Compensation Type %

Exterior

Parking Features Asphalt Storage

Water Source Public

Total Parking 28

Lot Size Area 64824

Building Area Total 7740

Lot Size Acres 1.49

Road Surface Type Paved

Lot Size Units Square Feet

Road Frontage Type Public

Road Responsibility Public Maintained Road

Interior

Street Suffix Street

Internal Only

Street Number 1 242

* Excluded Features

List By

Sunrise Land Company Llc

Broker

(719) 342-1500

Phone

Affordability Calculator

$3,243

Per Month

Monthly Principal & Interest: $2,787
Monthly Property Taxes: $456
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Burlington, CO

Average List Price ^$258,817

Percent of Sale Price 35%

About Burlington, CO

3,963 Population

4% Since 2002

^$42,833 Median Income

38.67 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

242254 Elementary School

242425 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/8/2024	$399,000	-11.14%	Price Down
1/5/2024	$449,000		Listed Price

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242 S 9th Street, Burlington, CO, 80807 is a Commercial Property for sale at $399,000 with 7,740 sqft and a lot size of 1.49. 242 S 9th Street is a studio with 0.0 baths and was built in 1997. The property's zip code is 80807 which is in Burlington, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/27/2024.

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242 S 9th Street

Commercial Property for sale in Burlington, CO

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