For Sale
$950,000

41 3Rd AveLongmont, CO 80501

Prime Longmont retail, redevelopment potential

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Longmont retail property, located at 41 3rd Ave, presents a compelling redevelopment opportunity. The property encompasses two commercial buildings totaling 6,586 square feet, situated on a 0.52-acre lot. Currently, approximately 6,000 square feet are leased on a month-to-month basis, ensuring 100% occupancy for at least one year. The asking price is $950,000. The property benefits from a gross lease structure and multi-tenancy. Zoned MU-D Mixed-Use Downtown per the City of Longmont, this versatile property allows for a wide range of uses, including most retail, commercial, and some industrial applications. The flexible zoning also permits multifamily, group living, nursing facilities, independent living, medical uses, breweries, and restaurants. The property's strategic location just east of Main Street in downtown Longmont provides excellent visibility and accessibility. Detailed zoning information is available on the City of Longmont website. This is a rare opportunity to acquire a substantial property in a thriving downtown area with significant redevelopment potential. The existing lease provides immediate cash flow, while the flexible zoning unlocks a multitude of future possibilities. Don't miss this chance to secure a prime piece of Longmont real estate.

Highlights

  • Exceptional redevelopment opportunity: 6,586 SF on 0.52 acres in downtown Longmont.
  • Currently 100% occupied with month-to-month leases, providing immediate cash flow.
  • Asking price: $950,000.
  • Multi-tenant building with gross lease structure.
  • MU-D Mixed-Use Downtown zoning allows for diverse uses including retail, commercial, some industrial, multifamily, and more.
  • Prime location in thriving downtown Longmont with excellent visibility and accessibility.

Property Details for 41 3Rd Ave

Property type
Retail properties
Square Feet
6,586 SF
Lot Size (sq. ft)
22,651 SF

Location Insight

City
Longmont
County
Boulder
State
Colorado
Latitude
40.1636685
Longitude
-105.0944001
41 3Rd Ave, Longmont, Colorado

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
41 3Rd Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message