903 Main StLongmont, CO 80501

  • Mixed-use properties
  • 0.28 AC
For Lease
$20/SF/YR View listing

Property Details for 903 Main St

Lot size
0.28 AC
Property type
Mixed-use properties
Property subtype
Other investment properties
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,872,593
    6.5%
    $2,651,624
    7%
    $2,462,222
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,157,094
    Geo Method
    $993,340
  • Alternative Use

    Use
    Valuation
    Residential
    $3,288,014
    Hospitality
    $3,011,803
    Educational
    $2,505,785
    Medical
    $2,591,963
    Retail
    $3,897,888
903 Main St, Longmont, Colorado

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

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
$17,032
$180,513
-
$180,513
-
$647,000
-
$647,000

FAQs

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