Homes for sale - 340 Maple ST, Frederick, CO 80530

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David Carter

david@cartercloses.com +1(719) 244-6378

$ 1,250,000

Est. payment | -/mo

4,442 SqFt

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$ 1,250,000

Est. payment | -/mo

Save

4,442 SqFt

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

Listed by RE/MAX Momentum

GET MORE INFORMATION

David Carter

REALTOR® and Managing Broker | Lic# 100069244

david@cartercloses.com

+1(719) 244-6378

4745 S Carefree Cir, Colorado Springs, CO, 80917, USA

340 Maple ST Frederick, CO 80530

David Carter

Key Details

Location

Interior

Exterior

Building

Others

340 Maple ST