331 Main St

—
Beds
—
Baths
6,322 Sq. Ft.
$252 / Sq. Ft.
6,322
Sq. Ft.
$252
per Sq. Ft.

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...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.

Listing Agent

  1. Krista Koth

    Krista Koth

    Listing Agent

    Compass

    krista.koth@compass.com

    P: (303)-746-7316

Property Details for 331 Main Street

Locale
Longmont
LISTING UPDATED: 01/21/2026 08:10 PM

Property Details for 331 Main Street

StatusActive
MLS #1047588
Days on Compass98
Taxes$23,447 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1944
CountyBoulder County
Buyer's Agent Compensation2.6%
Add your commute

Building Information for 331 Main Street

Building/Complex331 Main StFloor-Stories-Pet Policy-Pet Policy Details-Year Built1944Building Size-

Payment Calculator

$9,728 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,774

Property Taxes

$1,954

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 331 Main Street

Summary
Location and General Information
  • Road Access 2: City Street
  • Latitude: 40.16
  • Longitude: -105.10
Taxes and HOA Information
  • Has HOA: No
  • HOA Fee: $.00
  • Legal Description: LOT 37 BLK 63 LONGMONT O T and LOT 37 BLK 63 LONGMONT O T RES PORTION IN TAX AREA 1016 and LOT 37 BLK 63 LONGMONT O T COMM PORTION IN TAX AREA 1017
  • Tax Information: No
  • HOA2 Fee Amount: $0
  • HOA Transfer Fee: No
  • HOA 2 Transfer Fee: No
  • Has Association Fee: No
  • Has Association 2 Fee: No
  • Has Association Reserve: No
  • Has Association 2 Reserve: No
  • Tax Annual Amount: $23,447
  • Parcel Number: R0609090
Property
Lot Information
  • Lot Improvements: Historic District, City Limits, Paved, Curbs, Gutters, Sidewalks, Street Light, Alley
  • Lot Size Area: 3,108.00
  • Has Irrigation Water Rights: No
  • Has Improvements: No
Property and Assessments
  • Total Finished Area Source: Assessor
  • Pano Url Position: 1
  • Are Ditches Active: No
  • New Construction YN: No
Utilities
  • Electric: City Longmont
  • Sewer: Public Sewer
  • Green Energy Efficient: High Efficiency Furnace
Interior and Exterior Features
Exterior Features
  • Construction Materials: Frame, Brick, Stone
Interior Features
  • Laundry Features: Fire Alarm
Rental
Rental Information
  • Horse YN: No
  • Rent Fee Includes: Deposit
  • Occupant Type: Tenant

Property History for 331 Main Street

DateEvent & SourcePriceAppreciation
Oct 6, 2005

Sold (Public Record)

Public Record #166125820

$425,000—
DateEvent & SourcePrice
10/06/2005

Sold (Public Record)

Public Record #166125820

$425,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 331 Main Street

Taxable ValueLand$51,867Additions$160,515Total$212,382
Tax Record2025$23,232 ($1,936 / month)
Home Facts
Total Finished SqFt3,122 SqFtAbove Grade Finished SqFt3,122 SqFtStories2Lot Size3,093 SqFtStyleMiscellaneous CommercialYear Built1944Year Renovated1985Zoning2112CountyBOULDERAPN1315-03-3-52-001

Schools near 331 Main Street

This home is within St Vrain Valley Re 1j School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Central Elementary School
PublicPK to 5

Westview Middle School
Public6 to 8

Longmont High School
Public9 to 12

Aspen Ridge Preparatory School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

331 Main Street is a mixed use property for sale in Longmont, CO 80501. This property was listed for sale on November 19, 2025 by Compass, it's currently listed at $1,595,000. It has been on the market for a total of 98 days and was last sold on October 6, 2005. This listing's school district is St Vrain Valley Re 1j School District. Nearby schools include Central Elementary School, Westview Middle School and Longmont High School. 331 Main Street is a 0-bed, 0-bath, 6,322 sqft mixed use property built in 1944.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Based on information submitted to the MLS GRID as of 01/21/2026 08:10 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.