1138568780178619
Megan Powell

516 Main St, Longmont, CO 80501

$2,000,000
  • 516 Main St, Longmont, CO 80501 Main Photo

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Active
MLS#1064082
STATUSActive PROPERTY TYPECommercial - Retail SUBDIVISIONLongmont Ot

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.

516 Main St | MLS# 1064082

This commercial property located at 516 Main St, Longmont, CO 80501 is currently listed for sale with an asking price of $2,000,000. Search Longmont real estate on www.meganknowsgj.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Central Air
Heating: Forced Air
Lot Size: 0.14 Acres
Roof Type: Rubber
Taxes: $18,808
Year Built: 1933

Feature Descriptions

Building Area Total: 5757
Business Type: Retail-Downtown
Days on Site: 48
Exterior: Frame, Stone
HOA Y/N: No
Parcel Number: R0055811
Tenant Pays: Deposit, Gas, Electricity, Water
Water: City

Listed By / Shown By

Listed By

Agency Name: Market Real Estate
Agency Contact: 3034445040

Shown By

Agent Name: Megan Powell
Agent Phone: Cell: (303) 501-3111
Agency Title: Key Realty

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