1524 Main St - Hospitality FOR SALE


Longmont, CO 80501
$2,850,000 USD
512-595-1864
1524 Main St, Longmont, CO for Sale
$2,850,000 USD
Hospitality - FOR SALE
1/20
null | 11.2% Cap Rate

1524 Main St
Longmont, CO 80501


HIGHLIGHTS

  • 100% weekend occupancy achieved; summer 2026 bookings building. Sundance Film Festival 2027 pricing set; whole-property buyout inquiries received
  • Comprehensive 2024-2025 renovation complete — major systems, guest rooms, interiors
  • Independent property — no franchise restrictions; brand, concept, and pricing fully at buyer's discretion.
  • Historical financials reflect pre-renovation baseline — current trajectory supports 11.2% proforma cap
  • Mobile homes removed at closing; rear pad site available for Airstream, tiny home, or cabin expansion (MU-C zoning)
  • 20 minutes to Boulder, 35-40 minutes to Rocky Mountain National Park, Unfinished 2BD on-site owner/manager residence included — live-work hospitality

OVERVIEW

Renovated Boutique Hospitality | 100% Weekend Occupancy | Sundance 2027 Demand In Place | Longmont, Marketing description Cabins on Main is an 18-unit renovated boutique hospitality property on Main Street in downtown Longmont, Colorado, positioned between Boulder and Rocky Mountain National Park in one of the Front Range's strongest tourism corridors. The property is currently achieving 100% weekend occupancy with documented walk-up demand exceeding available inventory, and summer 2026 bookings are building strongly. The seller has already established Sundance Film Festival pricing for 2027 and has fielded inquiries about whole-property buyouts for that event — providing a buyer with a near-term, high-ADR revenue catalyst already in motion. The comprehensive 2024-2025 renovation included major building systems (electrical, plumbing, HVAC, fire/life safety), guest rooms, and interiors, effectively resetting the physical lifecycle of the asset. OTA infrastructure, booking engine, and website are fully operational, meaning a new owner steps into a physically stabilized, operationally ramping property — not a turnaround. Historically operated with limited marketing and below-market rates, the property has only recently launched digital distribution. The historical financials (8.5% cap on 2021-2023 averages) reflect pre-renovation, pre-OTA operations and represent the floor, not the ceiling. Current weekend performance and the summer booking trajectory conservatively support the 11.2% proforma cap rate as a credible near-term target under professional management. Post remodel ADRs moving from $68 to over $115/nt. The rear portion of the property currently includes mobile home rentals that will be vacated and removed at closing, freeing a contiguous pad site with MU-C zoning for expansion. This area represents a compelling opportunity for Airstream pad rentals, tiny home accommodations, or additional cabin units, subject to municipal approval — a proven asset class in the Colorado outdoor hospitality market. The property is well suited for an owner-operator, small hospitality group, or lifestyle investor seeking a stabilized physical asset with clear, executable revenue upside and a durable Front Range demand foundation. Favorable lending terms through a local bank available upon inquiry. Contact for more info. ST: Boutique motel, boutique hotel Colorado, hospitality investment property, owner operator hotel, Rocky Mountain tourism lodging, Boulder hospitality property, Airstream resort Colorado, outdoor hospitality investment, Front Range boutique hotel, Longmont investment property, value-add hospitality

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$370 USD /SF

# OF ROOMS

19

PRICE/ROOM

$150,000 {currency}

CAP RATE

11.2%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cabins on Main Renovated Boutique Hospitality

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1965

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,708 SF

ZONING

C, Longmont

APN/PARCEL ID

1205341-11-002

ASK ABOUT THIS PROPERTY

Kris ManthosColorado Commercial AdvisorsMore Info
512-595-1864

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Kris ManthosColorado Commercial AdvisorsMore Info
512-595-1864

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.