903 Main StLongmont, CO 80501

Property Details for 903 Main St

Lot size

0.28 AC

Property type

Investment properties

Property subtype

Live-work space

APN

1205-34-3-39-001

APU

120534339001

Description

This stunning Class A, three-story building, completed in 2023, offers 13,000 square feet of versatile office and retail space in Longmont, Colorado's vibrant submarket. Located at 903 Main St, near 9th Avenue, this property boasts eight suites, with flexible floor plans ranging from a minimum of 385 square feet to a maximum contiguous space of 1,800 square feet. Currently, 5,010 square feet are available for lease. The building features a modern design, including an outdoor courtyard, a rooftop deck showcasing mountain views, and four convenient electric vehicle charging stations. The MU-D zoning allows for a variety of uses. The building sits on a 0.33-acre lot and provides 200 amps of 3-phase power. While there are no elevators, the building's design facilitates easy access to all three floors. Tenant improvements are negotiable and can be scheduled to coincide with the building's construction. This high-visibility location is ideal for businesses seeking maximum exposure in a bustling area. The property is perfect for retail establishments, salons, coffee shops, and various office uses. This exceptional property presents a unique opportunity to establish a presence in a thriving Longmont community. The zip code is 80501.

• CAP approach

  CAP return

  Valuation

  6%

  $3,259,010

  6.5%

  $3,008,320

  7%

  $2,793,440

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,220,240

  Geo Method

  $1,013,210

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $5,824,850

  Retail / Commercial

  $3,004,890

  Hospitality / Lodging

  $2,225,520

  Office

  $3,005,170

  Institutional / Educational

  $3,132,490

  Residential Income

  $3,665,020

  Multifamily

  $4,317,250

  Automotive / Energy

  $2,684,990

  Parking / Income-Based Land

  $912,591

  Restaurant / Food Service

  $1,594,820

  Healthcare / Senior Housing

  $3,070,480

Location Insight

City

Longmont

County

Boulder

State

Colorado

Latitude

40.1742

Longitude

-105.103

CBSA code

14500

CBSA name

BOULDER, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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