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20 3rd Ave, Longmont, CO

Freestanding commercial building with on-site parking and flexible interior.

Property Size2,640 SF
Lot Size0.21 Acres
Price / SF$297.35
Days on Market316

Property Features for 20 3rd Ave

General Information

Standard status Active
Size 2,640 SF
Lot size 0.21 Acres
Property subtype RETAIL
Lease Type NNN

Properties For Sale

at 20 3rd Ave
Longmont Building For Sale or Lease AVAILABLE, Now
Floor 1
Size 2,640 SF
Type RETAIL
Lease Type NNN
Sublease No
RETREAT YOURSELF Who says commercial space has to feel commercial? This property offers the visibility your business needs with the kind of setting people actually enjoy spending time in. Surrounded by a historic Longmont neighborhood and featuring a large outdoor area, ample parking, and a versatile floor plan, the property is perfectly suited for therapy, wellness, medical, movement, pet services, or concepts that thrive in a more relaxed environment. PROPERTY HIGHLIGHTS • Standalone retail or office building • .53 acre lot with large outdoor area • Huge visibility off 3rd Avenue • Perfect for therapy, medical, dog kennel/training and more! • Zoning: Mixed Use Downtown (MU-D) • Plenty of onsite parking • Nestled against a lovely historic neighborhood
Contact us
Listing Agency: Market Real Estate
Listed By: Annie Larner · License #100096639
Source: Moodyscre
Added: Nov 24, 2025 Changed: Sep 23 Last Checked: Oct 5 at 9:14PM

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 Market Real Estate

Investment Insights

Based on property information with market context.

This freestanding commercial building, previously a veterinary clinic, features several sinks, laundry hook-ups, and on-site parking. The property offers potential for various uses, including professional offices, specialized retail, pet-related businesses, medical practices, or a creative studio. The building has a flexible interior and robust infrastructure. The property contains 2,640 square feet and is located in Longmont, CO.

Key Highlights

  • Freestanding commercial building.
  • Generous on‑site parking - a rare find downtown.
  • Flexible interior adaptable to various uses (professional offices, retail, medical, studio).

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,680
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$673,600 $673.6K
Cap Rate 7%
$481,143 $481.1K
Cap Rate 9%
$374,222 $374.2K
Market Conditions
NOI Build-Up for 2,640 SF
Gross rent
$47.5K $18.00/SF
− Vacancy
−$2.6K −$0.99/SF
EGI
$44.9K $17.01/SF
− OpEx
−$11.2K −$4.25/SF
NOI
$33.7K $12.76/SF
Area
Weld County, CO
Vacancy
5.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$673,600
Cap Rate 7%
$481,143
Cap Rate 9%
$374,222

Alternative Uses

Best Use
Office B
$481.1K
$421.0K – $561.3K (±1% cap)
NOI $33,680 @ 7.0% cap · market cap 4.29%
Second Best
Retail
$426.3K
$373.0K – $497.3K (±1% cap)
NOI $29,838 @ 7.0% cap · market cap 3.80%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Longmont Small Animal ... Veterinary Clinic

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Butcher Parking Lot & Garage Fish Market Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,133
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Freestanding commercial building with on-site parking and flexible interior.
Where is this office units located?
The property is located at 20 3rd Ave Longmont, CO.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Freestanding commercial building.; Generous on‑site parking - a rare find downtown.; Flexible interior adaptable to various uses (professional offices, retail, medical, studio).
(303) 444-1344 Call to check price and availability
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