$2,500,000
SOLD OCT 31, 2025

1011 Mountain Ave Berthoud, CO 80513

-- Bed
-- Bath
624 Sq Ft
1.19 Acres

Recently Sold

$4,006 Per Sq Ft

14% Above List Price

136 Days on Market

Highlights

  • 1.19 Acre Lot
  • Forced Air Heating and Cooling System
  • 5-minute walk to Berthoud Parks and Recreation Department
  • No HOA
  • 1-Story Property

About This Home

As of October 2025

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.

Last Agent to Sell the Property

Annah Moore CCIM

CBRE Inc Listed on: 04/21/2025

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2019

Home Design

  • Stucco

Interior Spaces

  • 624 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Schools

  • Ivy Stockwell Elementary School
  • Berthoud High School

Additional Features

  • 1.19 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for gas, electricity, water, sewer, taxes, insurance, interior maintenance, common area maintenance, exterior maintenance, structural maintenance, association fees, trash collection
  • 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

Property Details

Home Type

Multi-Family

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Inclusions: Smoke Alarm(s)
  • Year Built: 2019
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 1.19
  • Subdivision Name: Berthoud Common Comm Center
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 624
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Commercial or Industrial
  • Private Spa: No
  • Has Basement: None

Exterior Features

  • Roof: Other
  • View: No
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure
  • Home Warranty: No
  • Construction Type: Stucco
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: No
  • Water Source: District Water, Municipal
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Ivy Stockwell
  • HighSchool: Berthoud
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: OTHER

Lot Info

  • Zoning: Commercial
  • Land Lease Amount Frequency: Other--See Remarks
  • Lot Size Sq Ft: 51883
  • Parcel #: R1645759
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: Gas, Electricity, Water, Sewer, Taxes, Insurance, Interior Maintenance, Common Area Maintenance, Exterior Maintenance, Structural Maintenance, Association Fees, Trash Collection

Tax Info

  • Tax Year: 2024

Multi Family

  • Annual Gross Income: 132000
  • Income Includes: ["Lease/Rents"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2025
Closed on
Oct 31, 2025
Sold by
Ziggi Ventures Llc
Bought by
Fox Hudson Lllp
Seller's Agent
Annah Moore CCIM
CBRE Inc
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$2,200,000
Sold Price
$2,500,000
Premium/Discount to List
$300,000
13.64%
Views
11
Current Estimated Value
$2,505,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,753
Avg. Annual Appreciation
0.96%

Purchase Details

Closed on
Nov 15, 2018
Sold by
Mct Enterprises Llc
Bought by
Ziggi Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $2,500,000 Land Title
Special Warranty Deed $400,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $260,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2025 10/31/25 Sold $2,500,000 +13.6% $4,006 / Sq Ft
09/04/2025 09/04/25 Pending -- -- --
04/21/2025 04/21/25 For Sale $2,200,000 -- $3,526 / Sq Ft
Source: IRES MLS

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 $22,294 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE1031736

IRES MLS

APN: 94232-29-004