380 Main St

Longmont, CO, 80501

$2,990,000

$113 per ft²
$2,990,000
$113 per ft²
Active
Active
 - For Sale
carpenters-square
26,375 ft²
property_type
Commercial
calendar
Built 1910
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.
MLS® ID:
979953
Listed:
12/27/22
Updated:
6/1/23

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Refrigeration/HVAC
Heating
Forced Air

Exterior/Building Features

Lot Size
9,110 ft² lot
Roof
Composition
Sewer
City Sewer

Other Property Details

Area Name
Longmont
Garage
No
Parking
N
View
N
County
Boulder
Utilities
Natural Gas Available, Electricity Available
Water Source
City Water, City of Longmont
Pool
No
Zoning
MUD
Buyer Agency Compensation
2.80
Transaction Broker Compensation
2.80

Property History

Date
Event
Price
Value
5/11/23
Price Change
$2,990,000
-13%

Listed by Keith Kanemoto with RE/MAX Traditions Commercial
Listing Contact: 3037723800 

The IDX display contains information sourced from Information and Real Estate Services, LLC (IRES) as of 6/1/23. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 6/1/23 at 8:56 AM UTC

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