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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

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.
More about this property
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