Homes for sale - 331 Main ST, Longmont, CO 80501

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Jennifer Berg

jennifermberg@icloud.com +1(720) 272-1171

$1,700,000

Est. payment - /mo

3,108 Sqft Lot

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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

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Listed by Compass - Boulder

I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding buyers in the Denver Metro area. Whether you are a first-time home buyer or seasoned investor, I'll dedicate myself to building a working relationship to make the process smooth and enjoyable.

I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of sellers.

+1(720) 272-1171

jennifermberg@icloud.com

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