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:$1,700,000
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.
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Home facts
- Year built:1944
- Listing ID #:IR1047588
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
Schools
- High school:Longmont
- Middle school:Westview
- Elementary school:Central
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,700,000
- Tax amount:$23,447
Based on information submitted to the MLS GRID as of November 25, 2025 03:40 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.New listings near 331 Main Street
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