Here is an excellent investment opportunity on a high-visibility retail building on the busiest block of Main St in downtown Longmont, just steps away from popular restaurants, specialty shops, gov’t offices and entertainment centers. The 3,125
square foot building is occupied by a longtime downtown optical clinic and accessory store. The current market rate lease runs through 2023. The property is in the Opportunity Zone and within the
PRICE REDUCED!! Allowed Uses: Any retail, office, medical office, bar, brewery, restaurant, hotel, bank, assembly | 2019 NOI: $19,792—All tenants currently on mo-mo leases. | Cap Rate: 2.8% but all current leases are ~30% below market lease rates and month-month. | Year Built: 1959 | Construction: Steel frame with mason block perimeter walls, slab-on-grade foundation. | Roof: New white roof Elastomeric coating in 2020 | No. of Suites: 5 | Relocation & Development | Incentives: Located in the North Metro Enterprise Zone allowing tax credits to newly-located & growing businesses. Located in the Longmont Main Street Corridor Improvement District.
Great owner/user or live/work opportunity in a completely transformed 145-year-old bank building in Downtown Longmont. The owners of 321 Main Street have lovingly transformed this building in the historic area of Downtown Longmont into something quite extraordinary - combining the best of 19th Century history with 21st-century functionality. Read about the meticulous process on last page of this brochure.
The first level can be an open office area, retail store or possibly a cool event center. The upper level, complete with a rooftop deck, could be split off as a residential space with a two-hour fire-rated ceiling. This unique, fully renovated property presents a historical structure with exposed bricks, high ceilings, and archival feel but with updated finishes and neo-industrial style. Hard to put into words, this property needs to be seen!
A rare opportunity to purchase a restaurant condominium in Prospect New Town located in South Longmont. Prospect New Town is approximately 80 acres of new urbanism living with a wide variety of single family, condos and commercial properties. This space was formerly occupied by the Two Dog Diner since 2006. The space has glass on 3 sides with patio seating along Ionosphere Street. This location is just doors away from State Highway 287/Main Street in Longmont with an estimated traffic count of 25,000 cars per day.• Highly visible corner condominium in Prospect New Town.
• Located near many restaurants and businesses including 2020 Food + Wine Bar, Big Daddy Bagels, The Rib House, Itsera Martial Arts, Babettes, Urban Thai,
Cenna's Custom Cycles, Joyfolie, The Gym at Prospect and Aspen Chiropractic.
• Visit www.prospectnewtown.com to learn more about Prospect New Town.