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    418-420 Main St Longmont, CO 80501

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    For Sale
    $2,500,000

    Prime downtown location with retail, residential, and office potential.

    Property size:
    15,600 SF
    Lot size:
    0.14 Acres

    Property Features for 418-420 Main St

    General Information

    Size
    15,600 SF
    Lot size
    0.14 Acres

    Source: RE/MAX Nexus Agent Kurt Finley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Longmont Mixed-Use Building

    This mixed-use building is located in downtown Longmont, offering approximately 15,600 square feet of space. The building includes two 3,100 square foot retail tenant spaces, each with a nearly full basement. Additionally, there is a 2,375 square foot second-floor residential loft and 3,800 square feet of unfinished second-floor space that could be finished as offices or another residence. The building owner lives in the residence and will vacate before closing. Downtown traffic count is 26,000 vehicles per day. Current tenant leases are below market and term in 2025, with one tenant having a 5-year option. The displayed rental income includes the 2024 rent actually paid as well as a $4,000/month assumption for rental income for the seller-occupied upstairs loft. The property presents opportunities for various business uses, given its retail spaces, potential office space, and residential components.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Longmont
    County
    Weld
    State
    Colorado
    Longitude
    -105.102121
    Latitude
    40.1662111

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    FAQs

    What type of property is this?
    Retail space - Prime downtown location with retail, residential, and office potential.
    Where is this retail space located?
    The property is located at 418-420 Main St Longmont, CO.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Prime downtown Longmont location with high traffic count (26,000 VPD).; - Significant income potential through market rent adjustments upon lease renewals in 2025.; - Versatile building with retail spaces, residential loft, and unfinished space for office or residential conversion.
    (303) 589-5100
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    418-420 Main St Longmont, CO 80501
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    Longmont, CO 80501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    418-420 Main St Longmont, CO 80501
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