For Sale
$950,000

41 3Rd Ave Longmont, CO 80501

Prime Longmont retail, redevelopment potential

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
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

FAQs

What type of property is this?
Retail property - Prime Longmont retail, redevelopment potential
Where is the retail property located?
The property is located at 41 3Rd Ave Longmont, CO.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 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.
How can I contact the broker?
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41 3Rd Ave
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