380 Main St, Longmont, CO 80501
Mixed-use property with restaurant and office space in Longmont.
- Added:
- Mar 9, 2026
- Days on Market:
- 111
- Last Refresh:
- Mar 19 at 10:04 pm
Property Features for 380 Main St
General Information
- Standard status
- Active
- Size
- 17,500 SF
- Property subtype
- Mixed Use, Office, Retail
Listing office 1509 Lofts LLC
Listing date Mar 9, 2026
Source Crexi
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 1509 Lofts LLC
HighLights
- Prime downtown Longmont location
- Newly renovated and operating 7500 sq ft restaurant
- Existing restaurant business grossing $1 million/year with trained staff
- Second floor with 25+ offices, plumbing, and kitchen
- Potential for conversion to apartments or boutique hotel
- Restaurant equipped with multiple walk‑in coolers, beer taps, 16 ft hood, and pizza oven
Overview
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 | $315.0k | $18.00 |
| − Vacancy | −$17.3k | −$0.99 |
| EGI | $297.7k | $17.01 |
| − OpEx | −$74.4k | −$4.25 |
| NOI | $223.3k | $12.76 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Longmont
- County
- Weld
- State
- Colorado
- Longitude
- -105.1022456
- Latitude
- 40.1654878