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464 Main St

Longmont, CO 80501
  • $1,750,000
  • STATUS: Active
  • ON SITE: 34 Days
  • MLS #: 1005125
$1,750,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1910
County:

School Ratings & Info

Description

Apartments: Originally the second floor was a seven room boarding house that shared one bathroom. Name plates on the doors indicated the tenants: Teacher, Mechanic, Nurse, Printer, Surveyor, Widow, and Bookbinder. It was called Colorado Rooms. During the post-war economic boom of the 1940's and 50's walls were removed to make two room apartments, and the name was changed to Colorado Apartment. But the one bathroom remained. In 2017, a full gut and remodel created three luxury apartments. Like the original building, only the highest quality materials were used. Retail: In 2017 during the full gut and remodel, five layers of floor were removed, and treasure was discovered: Original, beautiful Southern Yellow Pine flooring. This was carefully refurbished. The walls were stripped down to the original brick revealing horsehair plaster, the typical bridging agent of the era. Bricks that filled the windows looking out on St. Stephen's Plaza were removed. Consequently, the interior is inundated with natural light. Historical tenant list.

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© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Taylor Home Partners. Data last updated: 2024-04-03T23:42:42.67.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.taylorhomepartners.com/homes/148608505
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464 Main St Longmont, CO 80501

  • Price: $1,750,000
  • Status: Active
  • On Site: 34 Days
  • MLS #: 1005125
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1910
Built
Neighborhood:
Longmont
County:
Boulder
Area:
04 Longmont City Limits
Property Description
Apartments: Originally the second floor was a seven room boarding house that shared one bathroom. Name plates on the doors indicated the tenants: Teacher, Mechanic, Nurse, Printer, Surveyor, Widow, and Bookbinder. It was called Colorado Rooms. During the post-war economic boom of the 1940's and 50's walls were removed to make two room apartments, and the name was changed to Colorado Apartment. But the one bathroom remained. In 2017, a full gut and remodel created three luxury apartments. Like the original building, only the highest quality materials were used. Retail: In 2017 during the full gut and remodel, five layers of floor were removed, and treasure was discovered: Original, beautiful Southern Yellow Pine flooring. This was carefully refurbished. The walls were stripped down to the original brick revealing horsehair plaster, the typical bridging agent of the era. Bricks that filled the windows looking out on St. Stephen's Plaza were removed. Consequently, the interior is inundated with natural light. Historical tenant list.
Exterior Features

Construction Materials Brick/Brick VeneerBlock Horse YN No Lot Features Within City Limits Roof Tar/Gravel Spa YN No Waterfront YN No

Interior Features

Basement Full Building Area Total 9054 Cooling Refrigeration/HVAC Cooling YN Yes Heating Forced Air Heating YN Yes Living Area Source Assessor

Property Features

Association YN No Business Type Incorporated AreaRetail-DowntownClass "A" Cap Rate 5.29 Ditches Active YN No Gross Income 119396 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Listing Sub Status None Locale Longmont Net Operating Income 92652 New Construction YN No Operating Expense 26744 Property Condition Not NewPreviously Owned Property Sub Type Sale: Commercial/Industrial Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 21411 Tenant Pays DepositGasElectricityWaterSewerTaxesInsuranceCommon Area MaintenanceExterior MaintenanceFixed Annual Escalation Water Source City WaterCity of Longmont Zoning Mixed-Use

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Rhett Strom of Group Harmony: 9706924454.



© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Taylor Home Partners. Data last updated: 2024-04-03T23:42:42.67.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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