331 Main Street, Longmont, CO 80501
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
Listed by: krista koth3037467316
Office: compass - boulder
MLS#:IR1047588
Source:ML
Price summary
- Price:$1,595,000
About this home
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.
Contact an agent
Home facts
- Year built:1944
- Listing ID #:IR1047588
Rooms and interior
- Basement:Yes
- Basement Description:Crawl Space, Full
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Membrane
- Year built:1944
- Lot area:0.07 Acres
- Lot Features:Historical District, Level
- Construction Materials:Brick, Frame, Stone
Schools
- High school:Longmont
- Middle school:Westview
- Elementary school:Central
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,595,000
- Tax amount:$23,447
Features and amenities
- Amenities:Smoke Detector(s)
New listings near 331 Main Street
- Coming Soon
$650,000Coming Soon4 beds 3 baths2198 Steppe Drive, Longmont, CO 80504
MLS# IR1052452Listed by: C3 REAL ESTATE SOLUTIONS, LLC - Coming Soon
$430,000Coming Soon3 beds 2 baths1759 Sunset Street, Longmont, CO 80501
MLS# 7706322Listed by: REMAX INMOTION - New
$493,000Active2 beds 3 baths1,620 sq. ft.1535 Venice Lane, Longmont, CO 80503
MLS# IR1052431Listed by: COMPASS-DENVER - Open Sat, 1:30 to 2:20pmNew
$649,000Active6 beds 5 baths3,953 sq. ft.210 Peppler Drive, Longmont, CO 80504
MLS# IR1052432Listed by: EXP REALTY LLC - Open Sat, 1 to 3pmNew
$1,400,000Active4 beds 3 baths3,113 sq. ft.7399 N 95th Street, Longmont, CO 80504
MLS# 3750483Listed by: COMPASS COLORADO, LLC - BOULDER - Coming Soon
$725,000Coming Soon3 beds 3 baths1626 Francis Way, Longmont, CO 80501
MLS# 6472006Listed by: COLDWELL BANKER REALTY 54 - Open Sat, 10am to 12pmNew
$449,000Active3 beds 3 baths1,561 sq. ft.10576 Butte Drive, Longmont, CO 80504
MLS# 8611748Listed by: COMPASS - DENVER - Open Sun, 1 to 3pmNew
$770,000Active4 beds 4 baths3,236 sq. ft.1530 Lincoln Street, Longmont, CO 80501
MLS# 8931638Listed by: KELLER WILLIAMS REALTY DOWNTOWN LLC - Open Sat, 10am to 1pmNew
$1,200,000Active5 beds 5 baths4,183 sq. ft.2197 Lombardy Street, Longmont, CO 80503
MLS# IR1052420Listed by: WK REAL ESTATE - New
$399,900Active3 beds 3 baths1,476 sq. ft.909 Edge Circle, Longmont, CO 80501
MLS# 7109350Listed by: FIRST SUMMIT REALTY