257 Johnstown Center Drive

Johnstown, CO 80534
Square Ft.
27,856
$5,400,000
Well maintained building with upside in the Johnstown Downtown District. Quality 2005 construction with excellent rental history. This multi-tenant property has undergone significant improvements by the current owner to reposition the center into Johnstown’s premier business center. The Johnstown Center hosts a diverse mix of vibrant businesses thatRead MoreRead Less
Market LogoCourtesy of SHOCKCOR INC [email protected]
Listing Snapshot
Days Online
214
Last Updated
Property Type
Retail
Square Ft.
27,856
Lot Size
2.29 Acres
Year Built
2005
MLS Number
7309083
30 Days Snapshot Of 80534
$563k
+15%
(avg) sold price
66
+6%
homes sold
101
-2%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage Type: "Public", Road Responsibility: "Public Maintained Road", Road Surface Type: "Paved"
Building
Architectural Style: "Contemporary", Building Class: Class B, Building Name: Johnstown Center, Construction Materials: "Block", "Brick", "Frame", "Stone", "Steel", "Stucco", Effective Year Built: 2023, Features: "Freight Elevator(s)", "On Site Management", "Signage Included", Occupant Type: Tenant (Multiple), Stories: 2, Structure Type: "StripCenter", Total Area: 27856, Unit Count: 0, Built in 2005, 18 total units
Expenses
Operating Expense Includes: "Insurance", "Maintenance", "Professional Management", "Real Estate Tax", "Utilities", Projected Annual Expense: $255,764
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Income
Projected Annual Net Income: $376,343, Projected Gross Income: $665,376
Lot
Acres: 2.29, Area: 2.29, Features: "Irrigated", "Landscaped", Parcel Number: 105908120006, Square Feet: 99752.4
Energy Saving
Green Verification Count: 0
Parking
Parking Total: 125, Carport Spaces: 0, Offstreet Spaces: 125, Reserved Spaces: 0, RV Spaces: 0, Parking Count: 1, Parking Ratio: 4.50, Features: "Asphalt", "Lighted"
Property
Current Use: "Office", "Retail", Property Sub Type: Retail, Zoning: Commercial
Roof
Roof: "Membrane"
Security Features
Features: "Fire Alarm", "Fire Sprinkler System"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 105126, Legal Description: Lot 3B-1 Lot Line Adjustment, Replat of Lot 3 and Plat of Lot 6, Amended Johnstown Center First Commercial Addition to the Town of Johnstown, according to the Map recorded December 19, 2003 at Reception No. 3137247. County of Weld. State of Colorado, Tax Year: 2024
Tenant Pays
Tenant Count: 0
Utilities
Electric: "220 Volts", Power Production Count: 0, Utilities: "Cable Available", "Electricity Connected", "Natural Gas Connected", "Phone Available", "Sewer Connected", Water Included, Water Source: "Public"
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Sarah Manshel
Team Leader / Realtor
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Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.