331 Main St Active Save Request In-Person Tour Request Virtual Tour
Longmont,CO 80501
Key Details
Property Type Single Family Home
Sub Type Income Property
Listing Status Active
Purchase Type For Sale
Subdivision Longmont Ot
MLS Listing ID 1047588
HOA Y/N false
Abv Grd Liv Area 6,322
Year Built 1944
Annual Tax Amount $23,447
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Income Property
Source IRES MLS
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
Area Longmont
Zoning Mixed Use
Rooms
Basement Full,Crawl Space
Interior
Interior Features High Speed Internet
Heating Forced Air
Cooling Central Air,Ceiling Fan(s),Variable Air Volume,Multi Units
Exterior
Exterior Feature Lighting
Parking Features Alley Access
Utilities Available Natural Gas Available,Electricity Available,Natural Gas at Property
View City
Roof Type Rubber
Street Surface Paved,Asphalt,Concrete
Handicap Access Level Lot,Level Drive,Near Bus
Building
Lot Description Curbs,Gutters,Sidewalks,Historic District,Within City Limits
Building Description Wood/Frame,Brick/Brick Veneer,Stone, Storage on Site
Sewer City Sewer
Water City Water,City of Longmont
Structure Type Wood/Frame,Brick/Brick Veneer,Stone
New Construction false
Schools
Elementary Schools Central
Middle Schools Westview
High Schools Longmont
School District St Vrain Dist Re 1J
Others
Senior Community false
Tax ID R0609090
SqFt Source Assessor
Special Listing Condition Private Owner
Virtual Tour https://longs-peak-media.aryeo.com/videos/019a5ef9-912d-7375-a9e5-363328c373b3?v=184