CO > Longmont > Longmont Ot
Longmont, CO 80501,331 Main
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Longmont, CO 80501,331 Main
Longmont, CO 80501,331 Main
Longmont, CO 80501,331 Main
Longmont, CO 80501,331 Main
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Dave Fish

Dave Fish

+1(303) 818-3413
$ 1,700,000
Est. payment /mo
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Active

331 Main Longmont, CO 80501

3,049 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Longmont Ot

MLS Listing ID IRE1047588

HOA Y/N No

Year Built 1944

Annual Tax Amount $23,447

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Multi Family

Source ires

Property Description

Prime Mixed-Use Asset Historic District Main Street Frontage Turnkey + Income Producing 331 Main Street offers an exceptional mixed-use opportunity in the heart of Old Town Longmont's Historic District. Originally home to Longmont's first J.C. Penney's Business and now recognized on the National Historic Register, this 6,322 sq ft landmark blends historic significance with modern functionality, strong visibility, and consistent income. The main level features a leased retail storefront along Main Street and a full commercial kitchen in the rear-ideal for hospitality, specialty retail, production, or service-based concepts. The upper level includes two residential units-a studio apartment and a two-bedroom apartment with a private rooftop deck offering sweeping views of downtown and the surrounding district. With updated systems, roof improvements, and interior enhancements, the property supports long-term stability, reduced operating costs, and reliable tenant retention. Modified Gross leases (utilities + taxes included) further streamline operations for both tenants and ownership. In 1898, a young James Cash Penney opened his first shop here at 331 Main Street, a meat market and bakery that became the foundation of what would grow into the national JCPenney department store chain. Over the next century, this historic Main Street building housed long-standing retailers like Woelz Brothers Clothing and now stands as a contributing building in the Downtown Longmont National Historic District. Showings must be at least a 24 hour notice. Showings begin Friday November 21st.

Location

State CO

County Boulder

Community Longmont Ot

Area Longmont

Zoning Mixed Use

Rooms

Basement Full, Crawl Space

Interior

Heating Forced Air

Cooling Central Air, Ceiling Fan(s), Variable Air Volume, Multi Units

Appliance Fire Alarm

Exterior

Utilities Available Natural Gas Available, Electricity Available, 200V Electric, High Speed Avail

View Y/N Yes

View City

Roof Type Rubber

Improvements No

Garage No

Building

Lot Description Historic District, City Limits, Paved, Curbs, Gutters, Sidewalks, Street Light, Alley

Sewer Public Sewer

Water City

Structure Type Frame,Brick,Stone

New Construction false

Schools

Elementary Schools Central

Middle Schools Westview

High Schools St Vrain Dist Re 1J

School District St Vrain Dist Re 1J

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Private Owner

Virtual Tour https://longs-peak-media.aryeo.com/videos/019a5ef9-912d-7375-a9e5-363328c373b3?v=184

Information and Real Estate Services (IRES)
Listed by Krista Koth
Dave Fish

Dave Fish

+1(303) 818-3413

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