Address
516 Main St, Longmont, CO
Price
$ 2,000,000
Property Attributes
  • MLS#1064082
  • TypeCommercial
  • Listing Status Active
  • CountyBOULDER
  • CityLongmont
  • AreaLongmont
  • NeighborhoodLongmont Ot
  • Zip80501
  • StyleRetail
  • Year Built1933
  • Taxes$ 18808
  • Price$ 2,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.14 Acres
Data Source:
Information and Real Estate Services (IRES)
Property Description

516 Main Street offers the opportunity to acquire a fully leased, two-tenant investment property in the heart of Downtown Longmont, one of the Front Range's most dynamic and closely watched markets. With a diverse tenant mix, meaningful remaining lease term, strong annual rent growth, and approximately $515,000in recent capital improvements, this is a true turnkey investment positioned to benefit from the continued momentum of Downtown Longmont. As Longmont continues its evolution into one of Colorado's most desirable downtown cores with national recognition, a flourishing restaurant scene, rapidresidential growth, and the anticipated arrival of the Sundance Film Festival to neighboring Boulder County - Main Street has become a destination rather than simply a corridor. Investors increasingly view Longmont as offering many of the qualities that originally drew people to Boulder, but with greater room for growth and value appreciation.

Price History
7/13/2026 Listed $2,000,000

General Features

Heating Forced Air
Cooling Central Air
Roof Rubber
Zoning MU-D
Construction Materials Frame,Stone
Year Built 1933
Tenant Pays Deposit,Gas,Electricity,Water
Property Subtype Retail
Tax Year 2025
Parcel Number R0055811
Business Type Retail-Downtown
County Boulder
Net Operating Income -18808
Operating Expense 18808
New Construction No
Property Type Commercial Sale
HOA No
Subdivision Name Longmont Ot
Status Active
City Longmont
MLS Area Longmont
Tax Annual Amount 18808
Standard Status Active
Expected Active Date 2026-07-13
Cap Rate 6
Lease Amount Frequency Fixed Term
AttributionContact 3034445040

Interior Features

LivingAreaSource Assessor

Exterior Features

Water Source City
Lot Size Area 6169
Building Area Total 5757
Lot Size Acres 0.14
Waterfront Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 80501

Price
AVG $810K
$2M
Taxes
AVG $46,351
$18,808
Year Built
AVG 1948
1933
Visits
AVG 17
15
Data Provided by Inside Real Estate®

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