Multi-Unit Retail/Office
1450 Main St Longmont, CO 80501
1450 Main St, Longmont, CO, 80501
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For Sale
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Multi-unit retail and office property with all-wood interior, suited for owner-user or restaurant use.
Property Size5,000 SF
Price / SF$139
Days on Market57
Property Features for 1450 Main St
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Office, Retail
Building Details
- Year Built
- 1926
Listing agency
Urban West Group, LLC
Listed by
David Elowe · License #CO
Source
Crexi
Added: May 27 Updated: Jul 10 at 3:59PM Checked: Jul 20 at 4:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Urban West Group, LLC
Investment Insights
Based on property information with market context.
This multi-unit retail and office building offers a flexible setup for an owner-operator or a restaurant concept. The property is described as having an all-wood interior, which can help support a warm, finished tenant experience without requiring significant cosmetic work. It is being offered for sale as a consolidated commercial asset.
Located at 1450 Main St in Longmont, Colorado, the building sits on a primary commercial street address. With multiple units included in the offering, the layout is positioned for operators who want to manage more than one space within the same property rather than leasing a single standalone suite.
From a tenant or buyer fit perspective, this is best suited for an owner user who wants the option to occupy part of the building while the remaining units can be used or leased to complement the overall business plan. The combination of retail and office configurations supports a range of street-facing services, including uses compatible with restaurant operations, consistent with the property’s stated intended fit.
Located at 1450 Main St in Longmont, Colorado, the building sits on a primary commercial street address. With multiple units included in the offering, the layout is positioned for operators who want to manage more than one space within the same property rather than leasing a single standalone suite.
From a tenant or buyer fit perspective, this is best suited for an owner user who wants the option to occupy part of the building while the remaining units can be used or leased to complement the overall business plan. The combination of retail and office configurations supports a range of street-facing services, including uses compatible with restaurant operations, consistent with the property’s stated intended fit.
Key Highlights
- Multi‑unit retail and office property built in 1926
- All‑wood interior
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $90.0k | $18.00 |
| − Vacancy | −$5.0k | −$0.99 |
| EGI | $85.1k | $17.01 |
| − OpEx | −$21.3k | −$4.25 |
| NOI | $63.8k | $12.76 |
5,000 SF · lease $18.00/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$911.3K
$797.4K – $1.06M
NOI $63,788 @ 7.0% cap · market cap 9.18%
Second Best
Retail
$807.3K
$706.4K – $941.9K
NOI $56,511 @ 7.0% cap · market cap 8.13%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Maggie's Sewing & Fabric
General Contractor
Oasis Fruit
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Multi-unit retail and office property with all-wood interior, suited for owner-user or restaurant use.
Where is this storefront property located?
The property is located at 1450 Main St Longmont, CO.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Multi‑unit retail and office property built in 1926; All‑wood interior