Small Downtown Office
For Sale
Contact for pricing
448 Main St, Longmont, CO 80501
Well-maintained small office building with 11 private offices, conference room, reception, break room, and two restrooms.
Property Size3,089 SF
Lot Size0.08 Acres
Price / SF$274.85
Days on Market120
Property Features for 448 Main St
General Information
Standard status
Active
Size
3,089 SF
Lot size
0.08 Acres
Property subtype
OFFICE
Listing Agency:
Summit Commercial Brokers
(303) 827-9436
Listed By:
Kyle Conarro · License #100098695
(303) 827-9436
Source:
Moodyscre
Added: Apr 3
Changed: Jul 28
Last Checked: Jul 28 at 2:38AM
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 Summit Commercial Brokers
Investment Insights
Based on property information with market context.
448 Main Street is a well-maintained small-format commercial office building with a highly functional interior layout. The space features 11 private offices, a conference room, reception area, kitchen/break room, and two restrooms, providing a complete setup for everyday office operations.
The building is positioned along Main Street with strong visibility and convenient public parking directly behind the building.
Recent capital improvements include a new roof and updated mechanical systems, supporting long-term performance and helping reduce near-term capital needs.
The building is positioned along Main Street with strong visibility and convenient public parking directly behind the building.
Recent capital improvements include a new roof and updated mechanical systems, supporting long-term performance and helping reduce near-term capital needs.
Key Highlights
- Approximately 3,089 SF small‑format commercial building on a 3,688 SF lot in Downtown Longmont
- Interior includes 11 private offices plus a conference room, reception area, and kitchen/break room
- Two restrooms on‑site
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 | $55.6k | $18.00 |
| − Vacancy | −$3.1k | −$0.99 |
| EGI | $52.5k | $17.01 |
| − OpEx | −$13.1k | −$4.25 |
| NOI | $39.4k | $12.76 |
3,089 SF · lease $18.00/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$563.0K
$492.6K – $656.8K
NOI $39,408 @ 7.0% cap · market cap 4.64%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,570
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Well-maintained small office building with 11 private offices, conference room, reception, break room, and two restrooms.
Where is this office building located?
The property is located at 448 Main St Longmont, CO.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Approximately 3,089 SF small‑format commercial building on a 3,688 SF lot in Downtown Longmont; Interior includes 11 private offices plus a conference room, reception area, and kitchen/break room; Two restrooms on‑site
