331 Main ST new to site Save Request In-Person Tour Request Virtual Tour
Longmont,CO 80501
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Longmont Ot
MLS Listing ID IR1047588
HOA Y/N No
Year Built 1944
Annual Tax Amount $23,447
Lot Size 3,108 Sqft
Acres 0.07
Source recolorado
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
Zoning Mixed Use
Rooms
Basement Crawl Space,Full
Interior
Heating Forced Air
Cooling Ceiling Fan(s),Central Air
Fireplace N
Exterior
Utilities Available Electricity Available,Internet Access (Wired),Natural Gas Available
View City
Roof Type Membrane
Building
Lot Description Historical District,Level
Sewer Public Sewer
Water Public
Structure Type Brick,Stone,Frame
Schools
Elementary Schools Central
Middle Schools Westview
High Schools Longmont
School District St. Vrain Valley Re-1J
Others
Ownership Individual
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Virtual Tour https://longs-peak-media.aryeo.com/videos/019a5ef9-912d-7375-a9e5-363328c373b3?v=184