316 - 318 Main Street


316 Main St
Longmont, CO 80501
Telephone: (303) 776-0077

CATEGORIES: Retail | Office

Property Type: Office/Retail

Vacant SF: 2,887

Sale Price: $685,000

Listing Contact:
Mary Simpson

FOR SALE

  • Prime Main St. Downtown location in 300 block
  • Historic district
  • Excellent transit, walk, and bike scores
  • Situated on a well trafficked road
  • Close to homes, restaurants, and other businesses
  • Year Built 1970
  • Units - 2
  • No basement 
  • Heating/cooling - HVAC

Highlights

Purchase a 100% occupied, turnkey property that has extensive improvements such as new façade, exposed historic brick, electric, CAT 6 cable, and more.

  • One building with two addresses (divided down the center); possibility for condo conversion
  • Large gated private back patio
  • Rear entrance
  • Façade completely renovated in 2017
  • Renovation of 318 side – historic brick exposed, new electric, new lighting, new ceiling, new insulation, reclaimed maple flooring, new doors and hardware, new millwork, new cable
  • Men’s and women’s restrooms
  • Possibility for second story
  • Lighted exterior signage
  • Gross lease with 2 year term with 1 Two year option with a 3% rent increase during option period .
  • Net income $43,200
  • Individual sides are typically quick to lease (1-2 weeks)

Nearby Parking

Nearby Dining

Nearby Shopping