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380 Main St

Longmont, CO 80501
  • $3,450,000
  • STATUS: Active
  • ON SITE: 41 Days
  • MLS #: 979953
UPDATED: 37 min ago
$3,450,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1910
County:

School Ratings & Info

Description

Take advantage of this amazing opportunity to purchase approximately 26,375 SF of retail/restaurant/office building in the Heart of Downtown Longmont on the corner of 4th and Main Streets! Built in 1910 and is formerly home to the Woolworth's Store. This building is considered to be a significant contribution to the National Historic District inLongmont. Longmont City Council has approved a proposal from Thrash Group to build a first-class hotel at 3rd and Kimbark Street. The proposed hotel, which is situated just east of the property, currently includes approximately 84 guest rooms, 5,000 square feet of destination rooftop restaurant space, 2,000 to 4,000 square feet of meeting space, 2,000 square feet of commercial space, about 65 hotel parking spaces, and about 75 public parking spaces.The first floor is approximately 9,000 SF and has been previously occupied by a restaurant/bar since the early 2000's. Previously it was also used as a successful retail location for a carpet store. Renovated in 2013, the flexible layout allows for a variety of different uses including retail or a restaurant. The entire second floor, approximately 8,500 square feet, is currently built out as office space and has been occupied by Samples Supports for the past 5 years. It was renovated in 2017 and would lend itself well to one user or multiple tenants as individual offices. It is elevator accessible, there are multiple spaces that would work well as conference rooms, and there are four restrooms. There is an approximately 9,000 square foot unfinished basement (3,000 SF of rentable space and 6,000 SF of storage) and the elevator services both main floors. City of Longmont parking lot close to the building, and on street parking along 4th Avenue and Main St.The building is in an Opportunity Zone and Enterprise Zone, and part of the Longmont Downtown Development Authority. The LDDA has great resources available to businesses looking to locate into 380 Main Street.

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© 2023 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or SW Team | RE/MAX Alliance. Data last updated: 2023-02-08T14:41:56.35.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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380 Main St Longmont, CO 80501

  • Price: $3,450,000
  • Status: Active
  • On Site: 41 Days
  • Updated: 37 min ago
  • MLS #: 979953
0
Beds
0
Baths
0
½ Baths
0.21
Acres
1910
Built
Neighborhood:
Longmont Ot
County:
Boulder
Area:
04 Longmont City Limits
Property Description
Take advantage of this amazing opportunity to purchase approximately 26,375 SF of retail/restaurant/office building in the Heart of Downtown Longmont on the corner of 4th and Main Streets! Built in 1910 and is formerly home to the Woolworth's Store. This building is considered to be a significant contribution to the National Historic District inLongmont. Longmont City Council has approved a proposal from Thrash Group to build a first-class hotel at 3rd and Kimbark Street. The proposed hotel, which is situated just east of the property, currently includes approximately 84 guest rooms, 5,000 square feet of destination rooftop restaurant space, 2,000 to 4,000 square feet of meeting space, 2,000 square feet of commercial space, about 65 hotel parking spaces, and about 75 public parking spaces.The first floor is approximately 9,000 SF and has been previously occupied by a restaurant/bar since the early 2000's. Previously it was also used as a successful retail location for a carpet store. Renovated in 2013, the flexible layout allows for a variety of different uses including retail or a restaurant. The entire second floor, approximately 8,500 square feet, is currently built out as office space and has been occupied by Samples Supports for the past 5 years. It was renovated in 2017 and would lend itself well to one user or multiple tenants as individual offices. It is elevator accessible, there are multiple spaces that would work well as conference rooms, and there are four restrooms. There is an approximately 9,000 square foot unfinished basement (3,000 SF of rentable space and 6,000 SF of storage) and the elevator services both main floors. City of Longmont parking lot close to the building, and on street parking along 4th Avenue and Main St.The building is in an Opportunity Zone and Enterprise Zone, and part of the Longmont Downtown Development Authority. The LDDA has great resources available to businesses looking to locate into 380 Main Street.
Exterior Features

Construction Materials Brick/Brick Veneer Horse YN No Roof Composition Spa YN No Waterfront YN No

Interior Features

Basement Full Building Area Total 26375 Cooling Refrigeration/Hvac Cooling YN Yes Heating Forced Air Heating YN Yes Living Area Source Other

Property Features

Association YN No Business Type Professional/OfficeExecutive SuitesRetail-StripRetail-ShowroomRetail-DowntownRetail-RegionalRetail-CommunityRetail-NeighborhoodOther Commerical Cap Rate 0 Ditches Active YN No Electric ElectricCity Exclusions All Seller's Personal Property Gas Natural GasXcel Gross Income 0 Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventional Locale Longmont Net Operating Income 0 New Construction YN No Operating Expense 0 Property Condition Not NewPreviously Owned Property Sub Type Sale: Commercial/Industrial Sewer City Sewer Special Listing Conditions Private Owner Tenant Pays Deposit Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity Of Longmont Zoning Mud

Listing information © 2023 Information and Real Estate Services
Listing provided courtesy of Keith Kanemoto of Re/Max Traditions Commercial: 3037723800.



© 2023 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or SW Team | RE/MAX Alliance. Data last updated: 2023-02-08T14:41:56.35.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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