309 Atwood St Longmont, CO 80501-5514
- Office buildings
- 4,295 SF
- 0.45 lot acres
Current Use by Public Records
- Office buildings
Property Details for 309 Atwood St
- Year built
- 1956
- Construction
- BRICK
- Lot size
- 0.45 lot acres
- Property size
- 4,295 SF
- Zone code
- 9178
- Property type
- Office buildings
- APN
- 1315-03-4-38-004
- APU
- 131503438004
Description
This exceptional 2,615-square-foot commercial property, located at 309 Atwood Street in Longmont, Colorado (zip code 80501), presents a unique investment opportunity. Classified as a Class B building, this versatile space is ideal for a variety of uses, including office, retail, or a combination thereof. The main level offers ample space for customer interaction or office operations, while a substantial 1,363-square-foot full-height basement provides significant storage or production area. Adding to its appeal is a generous yard, perfect for outdoor seating, a garden, or other supplementary uses. Conveniently situated on the edge of downtown Longmont's vibrant East Side Old Town, this property benefits from its proximity to the city center while maintaining a distinct identity. The property includes eight dedicated parking spaces accessible from the alley, enhancing convenience for both employees and customers. While ADA compliance is to be verified by the tenant, the property is designed to meet accessibility standards. The asking price for this prime commercial space is $799,000. This property offers a rare blend of functionality, location, and potential, making it an attractive proposition for discerning investors and business owners alike.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,015,000
- 6.5%
- $935,000
- 7%
- $870,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $615,000
Market price range: $327k - $1.09M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,185,000
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Location Insight
- Map
- Local Demand
- City
- Longmont
- County
- Boulder
- State
- Colorado
- Longitude
- -105.097
- Latitude
- 40.1645
- CBSA code
- 14500
- CBSA name
- BOULDER, CO METROPOLITAN STATISTICAL AREA