Th St., Burlington, co

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366 14th St., Burlington, CO

Site: 25’x130’ or 3250 s.f. with 25’ frontage on 14th (Main) Street. City water, sewer and electricity present, as well as Aquila Natural Gas. Parking is on street, which is asphalt with concrete curb and gutter. Alley present, which is asphalt paved.
Location: Good, on main downtown business thoroughfare.
Zoning: C-1 Commercial
Improvements: Consist of a 1650 s.f. two-story structure of frame/cinderblock/brick construction and brick facing on street. Back portion of building includes 11’x14’ enclosed porch with basement access. Roof is flat, with metal cover. Main level is partitioned, with offices as well as storage. Upper level contains 3 apartments. Breakdown of units is as follows:

Office (Main Level): 1650 s.f.

Apartments (2nd Story): 1650 s.f.

Basement: 1650 s.f.

Main level office area consists of reception area, 3 offices, conference room, 2 storage rooms and 1½ baths.

Finish includes average quality commercial carpeting, with hardwood flooring in reception and conference rooms, suspended tile ceilings, fluorescent lighting, sheetrock, plaster and paneled walls. Reception area has large storefront windows. Basement is unfinished, and is partitioned into a boiler room, as well as two storage rooms. Lighting is incandescent. Basement is accessed off enclosed porch.

The second story consists of 3 one-bedroom apartments, 2 of 407 s.f. and 1 with 683 s.f. All units have kitchen, full bath, living room and bedroom. Finish on this level is mostly plaster walls and ceiling with hardwood/carpet and linoleum flooring.
Apartments are accessed via stairwell off 14th Street. This stairwell is not part of the subject building, but rather is part of the adjacent building to the south. A 99-year lease is in affect granting access, with some 30 years remaining on same. Additional access is gained from rear of building, via wooden stairwell. Rental rates are $350.00/month for the larger unit, with the two smaller units at $300.00/month. Current rents: 1 (south) at $275.00; 1 (north) at $300.00 (vacant); 1 (front) at $375.00.
Building is in average to good condition on interior and exterior, with hot water radiant heat (metal registers) throughout. Main level has air conditioning. Built in 1930.
Currently, the main level is occupied by the owner’s law practice, with one office rented at $350.00/month.
Taxes: $939.98 (2008)

Price: $85,000.00

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