418-420 Main St - Storefront FOR SALE


Longmont, CO 80501
$2,500,000 USD
303-589-5100
418-420 Main St, Longmont, CO for Sale
$2,500,000 USD
Storefront - FOR SALE
1/23
null | Request Cap Rate

May '25


418-420 Main St
Longmont, CO 80501


HIGHLIGHTS

  • Ideal Downtown Location
  • Easy Parking
  • 26K VPD on Main St in Longmont

OVERVIEW

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. Contact the listing Broker for additional information/showings. The displayed rental income includes the actual 2024 rent and a $4,000/mo assumption for rental income for the seller-occupied upstairs loft. Tenant leases are well below market and term in '25, with one tenant having a 5-year option. Current tenants have below market leases. The building owner lives in the residence; will vacate before closing. All information contained herein is deemed to be accurate but must be confirmed by buyer.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$435 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,624 SF

ZONING

-

APN/PARCEL ID

1315034-06-020

ASK ABOUT THIS PROPERTY

Kurt FinleyRE/MAX NexusMore Info
303-589-5100

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Kurt FinleyRE/MAX NexusMore Info
303-589-5100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.