$600,000
$750,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
521 Main St Longmont, CO 80501
3,125 SqFt
Key Details
Sold Price $600,000
Property Type Commercial
Sub Type Sale: Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,125 sqft
Subdivision Longmont Ot
MLS Listing ID 892362
Sold Date 12/30/20
HOA Y/N false
Abv Grd Liv Area 3,125
Originating Board IRES MLS
Year Built 1910
Lot Size 3,484 Sqft
Acres 0.08
Property Description
Here is an excellent opportunity to own a high-visibility retail building on the busiest block on Main St in downtown Longmont, near popular restaurants, shops, gov't offices and entertainment centers. The 3,125 square foot building is occupied by a long-time downtown optical clinic and accessory store. The current lease runs through 2023 and delivers a 6.7% Cap Rate as listed. The property is in the Opportunity Zone and within the boundaries of the Longmont Downtown Development Authority.
Location
State CO
County Boulder
Area Longmont
Zoning Mixed Use
Direction From I-25, take the Highway 119 exit and go west to Longmont. Turn right and drive north on Main St to the 500 block. The property is located mid-block on the west side of the street.
Rooms
Basement None
Interior
Heating Baseboard
Cooling Refrigeration/HVAC
Exterior
Waterfront false
Roof Type Foam
Building
Sewer City Sewer
Water City Water, City of Longmont
Structure Type Brick/Brick Veneer
New Construction false
Others
Senior Community false
Tax ID R0069252
SqFt Source Assessor
Special Listing Condition Private Owner
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with CO-OP Non-IRES