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380 Main Street (sale)

Category Retail

Address

380 Main St
Longmont, CO 80501
303-772-2222

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Details

Email Address: keith@kanemoto.com

Property Type: Restaurant/Retail/Office

Vacant SF: 26,375

Sale Price: $3,450,000

Listing Contact:
Keith Kanemoto, SIOR
Broker Associate
RE/MAX Traditions Commercial Division
O: 303.772.2222
C: 303.472.2222

Take advantage of this amazing opportunity to purchase approximately 26,375 square feet of retail/restaurant/office building in the Heart of Downtown Longmont on the corner of 4th Ave. and Main St.! This building, built in 1910, is formerly home to the Woolworth's Store and considered a significant contribution to the National Historic District in Longmont.

Longmont City Council has approved a proposal from Thrash Group to build a first-class hotel at 3rd Ave. and Kimbark St. The proposed hotel, which is situated just southeast of the property, currently includes approximately 84 guest rooms, 5,000 square feet of destination rooftop restaurant space, 2,000 to 4,000 square feet of meeting space, 2,000 square feet of commercial space, about 65 hotel parking spaces, and about 75 public parking spaces. Click here for more information.

The first floor of 380 Main St. is approximately 9,000 square feet and has been previously occupied by a restaurant/bar since the early 2000's. Prior to that it was also used as a successful retail location for a carpet store. Renovated in 2013, the flexible layout allows for a variety of different uses including retail or a restaurant.

The entire second floor, approximately 8,500 square feet, is built out as office space and has been occupied by Samples Supports for the past 5 years. It was renovated in 2017 and would lend itself well to one user or multiple tenants as individual offices. It has elevator access, multiple spaces that would work well as conference rooms, and four restrooms. There is approximately 9,000 square foot of unfinished basement (3,000 SF of rentable space and 6,000 SF of storage) and the elevator services both main floors.

This location has a large City of Longmont parking lot close to the building, and on street parking along 4th Ave. and Main St.

The building is in an Opportunity Zone and Enterprise Zone, and part of the Longmont Downtown Development Authority (LDDA). The LDDA offers additional incentives to business and property owners within the Downtown District and other various resources for businesses looking to locate into 380 Main St. Visit www.downtownlongmont.com and browse through the Work tab.

View website link above for full details and more photos. 

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