41 3Rd AveLongmont, CO 80501

Property Details for 41 3Rd Ave

Year built

1949

Construction

WOOD

Lot size

0.51 AC

Property size (Sq ft)

2,420 SF

Zone code

3115

Property type

Industrial properties

Property subtype

Manufacturing properties

APN

1315-03-4-13-001

APU

131503413001

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $661,814

  Hospitality

  $606,218

  Educational

  $504,367

  Medical

  $521,713

  Retail

  $784,570

Location Insight

City

Longmont

County

Boulder

State

Colorado

Latitude

40.1636

Longitude

-105.094

CBSA code

14500

CBSA name

BOULDER, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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