464 Main Street
Category Retail
Address
464 Main St
Longmont, CO 80501
(970) 692-4454
Details
Email Address: rstrom@thegroupinc.com
Property Type: Retail/Residential
Vacant SF: 9,054 total
Sale Price: $1,800,000
Listing Contact:
Rhett Strom
Commercial Broker | Partner
The Group
Well-Established Income Property For Sale
Downtown Longmont at 464 Main Street
- 3 luxury apartments on the second floor
- 1 thriving retail tenant on the first floor and basement
- NOI per year = $119,396.28
- Full gut and remodel in 2017
Investment Overview
- Price: Negotiable
- Square Footage: 9,054 evenly distributed on 3 levels
- Zoning: Mixed-Use Downtown
- Full gut and remodel completed in 2017
- Entire building sprinklered
- LED lights
- New roof being installed in Spring of 2024
- Taxes: $ 18,459.42
- Owners’ Association: None
- How utilities work:
- Electricity: 4 meters for 4 units
- Gas: 1 meter for the retail; 1 meter for the 3 apartments
- Water: 1 meter for entire building and prorated among 4 tenants
- Trash: Retail pays trash and landlord reimburses
Nearby Eat & Drink
- Rosalee's Pizzeria461 Main St (183 feet W)
- Quarters Bar & Arcade475 Main St (208 feet NW)
- Bricks on Main471 Main St (223 feet W)
- Winchell's Donut House502 Main St (228 feet NW)
Nearby Shopping
- A Florae464 Main St (45 feet NW)
- Longmont Yarn Shoppe454 Main St (69 feet SE)
- Ron R. Fine Jewelry452 Main St (173 feet SW)
- Fig & Ivy436 Main St (177 feet SW)
Nearby Parking
- 400 East Parking Lot400 Kimbark St (264 feet SE)
- The Spoke on Coffman - Public Parking Garage512 Coffman St (568 feet NW)
- Colorado CarShare - Spoke on Coffman Garage512 Coffman St (583 feet NW)
- 500 East Parking Lot500 Kimbark St (644 feet NE)