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Ground-Level Office/Retail Space
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418 Coffman Street, Longmont, CO 80501

Ground-level office/retail layout with updated kitchenette and bathrooms, featuring reception, private offices, and meeting space.

Property Size5,276 SF
Price / SF$255.88
Days on Market175

Property Features for 418 Coffman Street

General Information

Standard status Active
Size 5,276 SF
Property subtype OFFICE
Occupancy 100%

Site & Location

Road Access Yes
Public Transit Yes

Additional Details

Floor Ground Floor

Amenities

updated kitchenette
updated bathrooms
reception area
meeting room
basement storage

Building Details

Buildings 1
Stories 1
Tenancy Single
Owner Occupied Yes
Listing Agency: Market Real Estate
Listed By: Annie Larner · License #100096639
Source: Moodyscre
Added: Apr 15 Changed: Sep 23 Last Checked: Oct 5 at 8:38PM

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.

Ground-level office/retail space with a well-grounded floor plan that includes a mix of private offices and open space. The unit offers a reception area, single offices, and meeting room space, supported by bonus storage in the basement. Kitchenette and bathrooms were recently updated.

The property is located at 418 Coffman Street in Longmont, CO 80501, with frontage along the Coffman Street Mobility improvement project. Quick access to Main Street is noted in the property description.

With its combination of reception, private office, and meeting room areas plus updated restrooms and a refreshed kitchenette, the space is set up for an owner-occupant or office-leaning retail use that benefits from accessible ground-floor programming and adjacent public-facing frontage.

Key Highlights

  • 5,276 SF ground‑level office/retail space
  • Reception, single offices, and meeting room space
  • Kitchenette and bathrooms recently updated

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$104,370
Cap Rate
7.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,087,400 $2.1M
Cap Rate 7%
$1,491,000 $1.5M
Cap Rate 9%
$1,159,667 $1.2M
Market Conditions
NOI Build-Up for 5,276 SF
Gross rent
$158.3K $30.00/SF
− Vacancy
−$9.2K −$1.74/SF
EGI
$149.1K $28.26/SF
− OpEx
−$44.7K −$8.48/SF
NOI
$104.4K $19.78/SF
Area
Boulder County, CO
Vacancy
5.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,087,400
Cap Rate 7%
$1,491,000
Cap Rate 9%
$1,159,667

Alternative Uses

Best Use
Retail
$1.49M
$1.30M – $1.74M (±1% cap)
NOI $104,370 @ 7.0% cap · market cap 7.73%
Second Best
Office B
$1.00M
$876.6K – $1.17M (±1% cap)
NOI $70,124 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$1.59M
$1.39M – $1.86M (±1% cap)
NOI $111,429 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

HUB International Insurance Agency Mitchell William Insurance Agency

Suggested Use

Top Pick Grocery & Convenience Store Parking Lot & Garage Dental Office Auto Parts Store Hotel & Motel Pet 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.

Lease Details

100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,223
Businesses Nearby

Demographics for 80501, CO

42,822
Population
19,173
Households
2.2
Avg Household Size
38
Median Age
39%
College-Educated
89%
High-School Grad
12.6 sq mi
ZIP Area
3,399
Density / Sq Mi
$77,705
Median Household Income
$42,599
Median Earnings
$1,586
Median Rent
$461,400
Median Home Value
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 - Ground-level office/retail layout with updated kitchenette and bathrooms, featuring reception, private offices, and meeting space.
Where is this office units located?
The property is located at 418 Coffman Street Longmont, CO.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 5,276 SF ground‑level office/retail space; Reception, single offices, and meeting room space; Kitchenette and bathrooms recently updated
(303) 444-1344 Call to check price and availability
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