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$1,700,000

Est. payment - /mo

3,049 Sqft Lot

Active

331 Main St Longmont, CO 80501

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Jeremy Kane

jeremy.kane@exprealty.com +1(303) 210-0378

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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

Information and Real Estate Services (IRES)

Listed by Krista Koth • Compass - Boulder • 3037467316

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Jeremy Kane

+1(303) 210-0378 | jeremy.kane@exprealty.com

331 Main St Longmont, CO 80501

Jeremy Kane

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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331 Main St