516 Main Street offers the opportunity to acquire a fully leased, two-tenant investment property in the heart of Downtown Longmont, one of the Front Range's most dynamic and closely watched markets. With a diverse tenant mix, meaningful remaining lease term, strong annual rent growth, and approximately $515,000in recent capital improvements, this is a true turnkey investment positioned to benefit from the continued momentum of Downtown Longmont. As Longmont continues its evolution into one of Colorado's most desirable downtown cores with national recognition, a flourishing restaurant scene, rapidresidential growth, and the anticipated arrival of the Sundance Film Festival to neighboring Boulder County - Main Street has become a destination rather than simply a corridor. Investors increasingly view Longmont as offering many of the qualities that originally drew people to Boulder, but with greater room for growth and value appreciation.
5,757 Sq Ft
6,098.4 Sq Ft Lot Size
commercial
$1,567 Monthly Tax
Built in 1933
MLS/Listing ID 1064082
Construction - Frame
Construction - Stone
Cooling - Central Air
Heating - Forced Air
Rubber
Public Water
TOTAL MONTHLY COST
$0
$0
$0