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$ 2,000,000
Est. payment | /mo
6,098 Sqft Lot
$ 2,000,000
Est. payment | /mo
6,098 Sqft Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Longmont Ot
MLS Listing ID IRE1064082
HOA Y/N No
Year Built 1933
Annual Tax Amount $18,808
Tax Year 2025
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Retail
Source ires
Property Description
516 Main Street offers the opportunity to acquire a fully leased, two-tenant investment property in the heart of Downtown Longmont, one of the Front Range's most dynamic and closely watched markets. With a diverse tenant mix, meaningful remaining lease term, strong annual rent growth, and approximately $515,000in recent capital improvements, this is a true turnkey investment positioned to benefit from the continued momentum of Downtown Longmont. As Longmont continues its evolution into one of Colorado's most desirable downtown cores with national recognition, a flourishing restaurant scene, rapidresidential growth, and the anticipated arrival of the Sundance Film Festival to neighboring Boulder County - Main Street has become a destination rather than simply a corridor. Investors increasingly view Longmont as offering many of the qualities that originally drew people to Boulder, but with greater room for growth and value appreciation.
Location
State CO
County Boulder
Community Longmont Ot
Area Longmont
Zoning MU-D
Interior
Heating Forced Air
Cooling Central Air
Exterior
View Y/N No
Roof Type Rubber
Improvements No
Garage No
Building
Water City
Structure Type Frame,Stone
New Construction false
Others
Special Listing Condition Private Owner
Listed by Todd Walsh
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