516 Main St, Longmont, CO 80501 (MLS # 1064082)

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PRICE $2,000,000 SIZE 5,757 sqft LOT SIZE 6,099 sqft Request More Info Schedule a Showing

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.