356 Main StLongmont, CO 80501

  • Commercial real estate
  • 2,777 SF
For Lease
$19.50/SF/YR View listing

Property Details for 356 Main St

Year built
1910
Construction
CONCRETE BLOCKS
Lot size
0.14 AC
Property size (Sq ft)
2,777 SF
Zone code
2112
Property type
Commercial real estate
APN
1315-03-4-07-027
APU
131503407027

Description

This exceptional Class A office building at 356 1/2 Main Street in Longmont, Colorado, offers 3,254 square feet of completely vacant, beautifully renovated space. The two-story building features a blend of historic charm and modern amenities, including high ceilings and exposed brick walls, creating an inspiring work environment. Multiple tenancy options are available, with spaces ranging from a minimum of 551 square feet to a maximum contiguous space of 1,929 square feet. The building is equipped with an elevator for convenient access to both floors and includes ADA-compliant restrooms. Its central Longmont location provides easy access to public parking and the future Hotel Longmont, enhancing its appeal and accessibility. Located in Boulder County, zip code 80501, this property presents a unique opportunity for businesses seeking a prestigious and functional office space in a vibrant downtown setting. The building's open and versatile layouts offer flexibility for various business needs. This is an exceptional opportunity to establish a presence in a thriving Colorado community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $751,960
    6.5%
    $694,117
    7%
    $644,537
  • Comparable approach

    Method
    Valuation
    Relative Method
    $729,207
    Geo Method
    $229,436
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,345,390
    Retail / Commercial
    $694,052
    Mixed-Use / Specialty
    $694,844
    Hospitality / Lodging
    $514,036
    Office
    $694,117
    Institutional / Educational
    $723,524
    Residential Income
    $846,524
    Multifamily
    $997,171
    Automotive / Energy
    $620,164
    Parking / Income-Based Land
    $210,785
    Restaurant / Food Service
    $368,363
    Healthcare / Senior Housing
    $709,200

Location Insight

City
Longmont
County
Boulder
State
Colorado
Latitude
40.1651
Longitude
-105.102
CBSA code
14500
CBSA name
BOULDER, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$34,250
$98,069
$232,965
$331,034
-
$351,500
$835,000
$1,186,500

FAQs

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