331 Main St

$1,700,000
Price
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Beds
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Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
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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

Amenities

  • Air Conditioning
  • Common Outdoor Space
  • Forced Air
LISTING UPDATED: 11/24/2025 06:32 PM

Property Details for 331 Main Street

StatusActive
MLS #1047588
Days on Compass27
Taxes$23,447 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential
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

$10,354 per month

30 year fixed, 6.28% Interest

Principal and Interest

$8,400

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
  • Property Features: Storage on Site
  • Longitude and Latitude: -105.102913, 40.1646
  • Latitude: 40.16
  • Longitude: -105.10
  • Elementary School District: ST Vrain Dist RE 1J
  • Middle Or Junior School District: ST Vrain Dist RE 1J
Parking
  • Parking Features: Alley Access
Taxes and HOA Information
  • Tax Information: No
  • 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: Curbs, Gutters, Sidewalks, Historic District, Within City Limits
  • Lot Size Area: 3,108.00
  • Lot Size Units: Square Feet
  • Has Irrigation Water Rights: No
  • Has Improvements: No
Property and Assessments
  • Total Finished Area Source: Assessor
  • Total Finished Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Location Description 2: No
  • Pano Url Position: 1
  • Are Ditches Active: No
  • Security Features: Smoke Detector(s), Fire Sprinkler System
  • New Construction YN: No
Utilities
  • Cooling: Yes
  • Utilities 1: Yes
  • Electric: Electric, 200V Electric, Electricity at Property, City Longmont
  • Gas: Natural Gas, Natural Gas at Property, XCEL
  • Sewer: City Sewer
  • Green Energy Efficient: HVAC
  • Heating YN: Yes
Interior and Exterior Features
Exterior Features
  • Exterior Features: Lighting
Interior Features
  • ViewYN: Yes
  • Interior Features: High Speed Internet
  • Spa YN: No
Rental
Rental Information
  • Existing Lease Type: Offer Modified Gross
  • Lease Sq Ft Unit: Square Feet
  • Horse YN: No

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-Additions-Total-
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 - PK to 8
Rating
School
Distance
Central Elementary School
PublicPK to 5

Westview Middle School
Public6 to 8

Longmont High School
Public9 to 12

St. Vrain Community Montossori School
CharterPK 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.

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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 $1,700,000. It has been on the market for a total of 27 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, 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 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.

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.