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Property profile & analytics
OFF-MARKET Estimated value $1,345,000
Warehouses

300 2nd Ave Longmont, CO 80501-5902

8,804 SF 0.62 ac lot Built 1952
Entity Owned 4-yr Hold Free & Clear
Property ID
US13-1293908
Property summary
AI-generated overview

This exceptional retail space, located at 300 2nd Avenue in vibrant downtown Longmont, Colorado, offers 3,894 square feet of versatile commercial space. Currently vacant, this single-tenancy property presents a unique opportunity for a variety of businesses. The space boasts a flexible layout, potentially expanding to include up to 3,506 square feet with the addition of a patio area, ideal for outdoor seating or additional display space. Situated in Boulder County, zip code 80501, this location benefits from its proximity to thriving businesses such as Wibby Brewery, Copper Sky Distillery, and the soon-to-open Granary Food Hall. The property offers excellent visibility and accessibility, with ample parking available for customers and employees. The location is also highly conducive to businesses such as wineries, breweries, distilleries, restaurants, and other retail establishments. The property's design allows for prominent signage, maximizing marketing potential. This is a rare opportunity to establish a presence in a rapidly growing and desirable downtown area. The property is ready for immediate occupancy, allowing for a swift start to operations. Contact us today to learn more about this exciting opportunity.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1952
Construction CONCRETE BLOCKS
Total area 8,804 SF
Lot 0.62 ac (27,007 SF)
Zoning code 3135
APN 1315-03-4-16-021
UPID US13-1293908
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Niwot Jewelry & Gifts (Bike/Boat/Book/etc) Store
  • Free Little Library Community Center
  • Ivy and Thistle Hair Salon
  • 2nd Nature Hair Lounge Hair Salon
  • Cimmini’s Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.03M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.27M
Blend (final) Blend
$1.35M
Owner & transaction history
Lm300 LLC · 4 yrs held
Lm300 LLC
since 2021
Last sale
$1.7M
1 recorded transaction
2021
$792,000
Zoning & alternative use
3135 · Longmont, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general) $2.2M +48.0%
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