Longmont, CO 80501 418 Main St
$2,500,000
25 more
Presented By: RE/MAX Nexus; 3035895100
Home Details
Here is an amazing building and a prime location in the heart of downtown Longmont. This isn't just a building; it's a strategic investment with unparalleled potential. Approx. 15,600+ SF is divided into two 3,100 SF retail tenant spaces, each with a nearly full basement. There is also a 2,375 SF 2nd floor residential loft as well as 3,800 SF of unfinished 2nd floor space that can be finished as offices or another residence. A real value add opportunity. Downtown traffic count is 26,000 VPD.
Presented By: RE/MAX Nexus; 3035895100
Interior Features for 418 Main St
Other Interior Features
LivingAreaSourceOther
Air Conditioning Y/NYes
BasementFull
Fireplace Y/NNo
Heating Y/NYes
General for 418 Main St
Attached Garage No
Business TypeRetail-Downtown
Cap Rate3.27
CityLongmont
Construction MaterialsBrick/Brick Veneer
CoolingCentral Air
CountyBoulder
DirectionsLocated on Main Street in Longmont on the east side of the street between 4th Ave and 5th Ave.
ElectricElectric, City- Longmont
ExclusionsAll personal property owned by the seller and any of the tenants.
Garage Y/NNo
Gas Y/NNatural Gas, Xcel Energy
Gross Income122960
HOANo
HeatingForced Air
Land Lease Y/NNo
Living Area UnitsSquare Feet
Lot Size Square Feet5792
Lot Size UnitsSquare Feet
MLS AreaLongmont
Net Operating Income81923
New ConstructionNo
Operating Expense41037
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeSale: Commercial/Industrial
Property TypeCommercial Sale
RoofFlat
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive
Subdivision NameLONGMONT OT
Tax Annual Amount28577
Tax Year2023
Tenant PaysDeposit
UtilitiesNatural Gas Available, Electricity Available
Virtual TourClick here
Year Built1905
ZoningMU-Downtow
Exterior for 418 Main St
Building Area Total15600
Horse Y/NNo
Lot Size Acres0.13
Lot Size Area5792
SpaNo
Water SourceCity Water, City- Longmont
Waterfront Y/NNo
Additional Details
Price History
