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516 MAIN STREET | LONGMONT | RETAIL | FOR SALE

516 MAIN STREET | LONGMONT | RETAIL | FOR SALE

FULLY LEASED RETAIL PROPERTY IN THE HEART OF DOWNTOWN LONGMONT

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 $515,000 in 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, rapid residential 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.

Offered At:   $2,000,000
Building Size:   5,757 SF
Cap Rate:   6%
Zoning:   MU-D (Mixed-Use Downtown)

Property Highlights

Fully leased two-tenant retail property in the heart of Longmont
Popular, established Mediterranean restaurant anchors the building
New café/game lounge completing its custom build-out
Approx. 18 months remaining on one lease with extension options
Five-year lease on the second tenant
Strong contractual rent escalations
Over $515,000 invested in recent capital improvements
Minimal near-term capital expenditure needs
Prime walkable Main Street location surrounded by restaurants, retail, breweries, offices, and community events

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