333 Main StMead, CO 80542

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.

Property Information

Property type

Commercial Sale

Sub-type

Office

Year built

1917

Building area

17,889 Sq Ft

Lot size

0.41 acres

Zoning

EDU SVC

Days on market

341

MLS^® Listing#

1046527

Property Features

Cooling

Central Air

Heating

Forced Air

Basement

None

Fencing

Fenced

Lot features

Paved

Construction

Brick

Roof

Flat

Utilities

Natural Gas Available · Electricity Available

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Annual taxes

$18,442Tax year 2024

Parcel number

R0055815