Historic Mead mixed-use building on Main Street, Mead Colorado
Offered At
$3,650,000
Downtown Mead, Colorado  ·  333-339 Main Street

Turn-Key Mixed-Use + Event Center

A fully renovated, 100% leased Main Street asset in one of Northern Colorado's fastest-growing corridors. Approximately 8.2% cap on in-place income, with a documented path to 10%-plus through the on-site event center.

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$3.65M
Price
~8.2%
In-Place Cap
~$299K
In-Place NOI
17,889
Building SF
100%
Leased / 13 Units
1917/23
Built / Renovated
Executive Summary

A stabilized asset with a built-in growth engine.

333-339 Main Street is a fully renovated, turn-key mixed-use investment in the heart of Downtown Mead, 100% leased across 13 income-producing units, at approximately 8.2% cap on in-place income, with a documented path to a 10%-plus cap through event-venue upside.

The 17,889 SF multi-tenant building was extensively renovated and modernized between 2021 and 2023. A diversified tenant base across retail, office, and second-floor residential generates multiple income streams under long-term leases. Many leases carry 3 to 5 percent annual escalations, and tenants are responsible for deposits and utilities, keeping owner overhead low.

The result is new-construction quality with minimal deferred maintenance, predictable day-one cash flow at an 8.2% in-place cap, and a clear, documented path to a 10%-plus cap for an active event-center operator.

0.41 acre lot
EDU SVC zoning
Brick construction
Central air + forced heat
0% vacancy
Ample parking
Renovated storefronts along Main Street
Main Street frontageRenovated 2021 to 2023
The Headline Upside

An on-site event center with proven demand and documented bookings.

A 2,700 SF venue with documented demand, layered on an in-place NOI of approximately $299,120 (about 8.2% cap). Under an active-operator structure, it drives a documented path to a 10%-plus cap, with full scenarios available to qualified buyers.

Event center set for a wedding ceremony
340-person legal capacity · in-place liquor license
340
Person legal capacity
In place
Liquor license on site
$45K
Professional PA system
2,700 SF
Dedicated venue, 2023 build-out
Documented demand
A 2026 wedding is under contract with deposit received, and a recent live-music event drew nearly 300 attendees, about 88% of legal capacity, with no regional marketing. Operated passively today, the venue is the property's documented value-add path.

The nearest comparable 300-plus capacity venue with a full liquor license is more than 25 minutes away, positioning the venue to capture demand across the Carbon Valley corridor.

Financial Overview

Stabilized today, with a documented path to 10%-plus.

In-place income from diversified long-term tenants, supported by minimal owner-paid operating expenses.

In-Place Cap Rate
~8.2%
On current in-place income, not projected
Net Operating Income
$299,120
In-place, updated underwriting
Total Annual Income
$332,040
Base rent, pass-throughs, participation
Value-Add Path
10%+ cap
Documented, via active event operation
Income & Operations
In-Place
Notes
Base rental income
$267,840
13 units, diversified long-term tenants
Pass-throughs + revenue share
$30,600
NNN reimbursements + percentage lease
Event center participation
$33,600
Passive today, before active-operator upside
Total annual income
$332,040
0% vacancy, 100% leased
Net operating income
$299,120
~8.2% cap at $3,650,000, after owner taxes, insurance, CAM

Most leases carry 3 to 5 percent annual escalations, supporting long-term income growth. The full rent roll, lease abstracts, and active-operator upside analysis are available to qualified buyers under a confidentiality agreement. Figures are approximate, deemed reliable but not guaranteed; buyers should complete independent due diligence.

Income Diversification

Four income streams under one roof.

A balanced tenant composition that reduces concentration risk and generates cross-traffic between uses.

Retail

Main Street retail tenancy drives consistent foot traffic and anchors the stack under long-term leases.

Office

Professional office tenancy with stable occupancy and low turnover across the renovated suites.

Residential

Second-floor residential units add a distinct, durable income stream insulated from retail cycles.

Event Center

The on-site venue layers additional event revenue on top of the stabilized base, with ownership participation.

Strategic Location

The Northern Colorado growth corridor.

Main Street visibility with direct access to I-25 and Highway 66, midway between Denver and Fort Collins.

01

Downtown Mead core

Prime Main Street location surrounded by established businesses and steady residential growth, with ample on-street and rear parking.

02

I-25 corridor growth

Positioned along Northern Colorado's premier growth corridor connecting Denver, Boulder, and Fort Collins, with sustained population and business expansion.

03

Regional connectivity

Direct access to I-25 and Hwy 66 delivers strong commuter and local traffic volumes that support Main Street retail vitality.

04

Appreciation upside

A rapidly expanding submarket along the I-25 growth corridor with robust demographic trends and ongoing infrastructure investment.

Walk the Property

Room tour

A cinematic look across the event center, taproom, retail, and residential spaces.

Prefer the full professional walkthrough? View the cinematic listing tour →

Contact

Ready to explore this opportunity?

Request the full financial package and underwriting, schedule a private site tour, or discuss the active-operator structure for the event center.

Jordon Gutierrez
Jordon Gutierrez
Listing Agent · Xtreme Realty LLC
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100% leased ~8.2% in-place cap Renovated 2021 to 2023 IRES MLS #1046527
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