Live-Work Office
For Sale
Contact for pricing
702 10th Ave, Longmont, CO 80501
Standalone live-work office building with four offices, reception area, kitchen, basement storage, shed, and five onsite parking spaces.
Property Size1,666 SF
Price / SF$315.13
Days on Market144
Property Features for 702 10th Ave
General Information
Standard status
Active
Size
1,666 SF
Total Parking Spaces
5
Property subtype
OFFICE
Additional Details
Office Units
4
Amenities
full kitchen
basement storage
backyard shed
Listing Agency:
Market Real Estate
(303) 444-5040
Listed By:
Annie Larner · License #100096639
(303) 444-1344
Source:
Moodyscre
Added: May 16
Changed: Oct 2
Last Checked: Oct 5 at 8:22PM
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 standalone live-work office building is set up with four offices/practitioner rooms plus a welcoming reception area and a full kitchen. Additional space includes basement storage and an on-site backyard shed. The property also notes accessibility improvements throughout.
The offering is listed for downtown Longmont and described as being in a calmer setting while still close to downtown.
The layout supports an owner-user or tenant configuration that requires dedicated rooms and a reception area, alongside kitchen and storage space. Five on-site parking spaces are included.
The offering is listed for downtown Longmont and described as being in a calmer setting while still close to downtown.
The layout supports an owner-user or tenant configuration that requires dedicated rooms and a reception area, alongside kitchen and storage space. Five on-site parking spaces are included.
Key Highlights
- Standalone downtown Longmont live/work office building
- Includes 4 offices/practitioner rooms, a reception area, and a full kitchen
- Full basement for storage plus an on‑site shed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,491
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,820
$449.8K
Cap Rate 7%
$321,300
$321.3K
Cap Rate 9%
$249,900
$249.9K
Market Conditions
NOI Build-Up for 1,666 SF
Gross rent
$40.0K $24.00/SF
− Vacancy
−$4.0K −$2.40/SF
EGI
$36.0K $21.60/SF
− OpEx
−$13.5K −$8.10/SF
NOI
$22.5K $13.50/SF
Area
Boulder County, CO
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,820
Cap Rate 7%
$321,300
Cap Rate 9%
$249,900
Alternative Uses
Best Use
Mixed Use
$321.3K
$281.1K – $374.9K
NOI $22,491 @ 7.0% cap · market cap 4.28%
Second Best
Office B
$316.3K
$276.8K – $369.1K
NOI $22,143 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$502.7K
$439.8K – $586.4K
NOI $35,186 @ 7.0% cap · market cap 6.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Office units
Location Intelligence
Trade Area within ½ mile
1,332
Businesses Nearby
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Live-work space - Standalone live-work office building with four offices, reception area, kitchen, basement storage, shed, and five onsite parking spaces.
Where is this live-work space located?
The property is located at 702 10th Ave Longmont, CO.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Standalone downtown Longmont live/work office building; Includes 4 offices/practitioner rooms, a reception area, and a full kitchen; Full basement for storage plus an on‑site shed
