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Brittany Cowan

brittany@nocohomeliving.com +1(605) 881-8263

$3,650,000

Est. payment - /mo

0.41 Acres Lot

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Subdivision Downtown Mead

MLS Listing ID IRE1046527

HOA Y/N No

Year Built 1917

Annual Tax Amount $18,442

Tax Year 2024

Lot Size 0.410 Acres

Acres 0.41

Property Sub-Type Office

Source ires

Property Description

333-339 Main St is a fully renovated, turnkey mixed use investment in the heart of Downtown Mead, currently 100% leased across 13 income producing units with approximately 8% cap potential through documented event venue upside.The asset spans 17,889 SF across three buildings, fully renovated between 2021 and 2023. Highland Lake Brewery and Sweet Flower anchor the retail mix on 5 year leases, with diversified office and residential income rounding out the stack. Several leases include 3 to 5 percent annual rent escalations, and tenants are responsible for utilities and insurance, keeping owner operating overhead low.The on-site event center is the headline upside. The 2,700 SF venue features 340 person legal capacity, an in place liquor license, a $45,000 professional PA system, and a 2023 build out configured directly for the Colorado wedding market. Demand is already documented. A 2026 wedding is under contract with deposit received, and a recent live music event drew nearly 300 attendees with no regional marketing spend. Under an active operator structure with a hybrid base plus percentage lease, the venue closes the gap from approximately $245,000 in place NOI to approximately $292,000 stabilized.Positioned on Main Street with strong visibility and direct access to I-25 and Hwy 66, the property sits inside the Carbon Valley corridor, one of Northern Colorado's fastest growing submarkets between Denver and Fort Collins. The nearest comparable 300 plus capacity event venue with full liquor license is more than 25 minutes away.Fully renovated, 100% leased, with a clear and documented path to 8% cap. Full upside analysis and underwriting available to qualified buyers under CA.

Location

State CO

County Weld

Community Downtown Mead

Area Longmont

Zoning EDU SVC

Rooms

Basement None

Interior

Heating Forced Air

Cooling Central Air

Exterior

Fence Fenced

Utilities Available Natural Gas Available, Electricity Available

View Y/N No

Roof Type Flat

Improvements No

Garage No

Building

Lot Description Paved

Sewer Public Sewer

Water City

Structure Type Brick

New Construction false

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Partnership

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Information and Real Estate Services (IRES)

Listed by Jordon Gutierrez

Nearby Locations

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Brittany Cowan

+1(605) 881-8263

Agent

333 Main Mead, CO 80542

Brittany Cowan

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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