1011 Mountain Ave Berthoud, CO 80513
Estimated payment $14,071/month
Highlights
- No HOA
- 1-Story Property
- 5-minute walk to Berthoud Parks and Recreation Department
- Forced Air Heating and Cooling System
About This Home
Founder Operated Ziggi's Coffee. Excellent location, ideal for 1031. Absolute NNN 15-year Lease to be signed at closing providing a 6% cap rate. Available individually or as a portfolio sale. This offering represents a rare opportunity to acquire a fee simple interest in a long-term absolute net investment for a Ziggi's Coffee operated by Ziggi's founders and CEO. The location is strategically located on Mountain Ave, the main artery for Berthoud traffic flow with traffic counts in excess of 10,000 vehicles per day. This Ziggi's location has been in operation since 2019. Founded in Longmont, Colorado in 2004, Ziggi's has 103 locations open in 21 states with over 160 franchisees.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,503
Year Built
- Built in 2019
Home Design
- Stucco
Interior Spaces
- 624 Sq Ft Home
- 1-Story Property
Schools
- Ivy Stockwell Elementary School
- Berthoud High School
Additional Features
- 1.19 Acre Lot
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number R1645759
Community Details
Overview
- No Home Owners Association
- Berthoud Common Comm Center Subdivision
Building Details
- Gross Income $132,000
- Net Operating Income $132,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $21,503 | $240,219 | $108,531 | $131,688 |
| 2024 | $21,503 | $240,219 | $108,531 | $131,688 |
| 2022 | $21,454 | $223,706 | $112,810 | $110,896 |
| 2021 | $21,438 | $223,706 | $112,810 | $110,896 |
| 2020 | $15,308 | $159,674 | $112,810 | $46,864 |
| 2019 | $6,655 | $71,456 | $71,456 | $0 |
| 2018 | $2,336 | $23,771 | $23,771 | $0 |
| 2017 | $1,956 | $22,568 | $22,568 | $0 |
| 2016 | $1,747 | $19,558 | $19,558 | $0 |
| 2015 | $1,740 | $19,560 | $19,560 | $0 |
| 2014 | $1,680 | $18,060 | $18,060 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2025 04/21/25 | For Sale | $2,200,000 | -- | $3,526 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $400,000 | First American Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $668,425 | Commercial | |
| Closed | $554,000 | Small Business Administration | |
| Closed | $260,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $991,157 | Unknown |
Source: IRES MLS
MLS Number: 1031736
APN: 94232-29-004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
Listing information is provided exclusively 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.
Information deemed reliable but not guaranteed by the MLS.
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