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. Stabilized tenant income plus a documented event-venue upside path to an approximate 8% cap.

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$3.65M
Price
~8%
Cap Potential
~$245K
In-Place NOI
17,889
Building SF
100%
Leased
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 a diversified tenant base, with approximately 8% cap potential through documented 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, and a clear, documented path to an 8% cap for an active 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.

An on-site venue with significant income upside for the right operator. Under an active-operator structure, it closes the gap from roughly $245,000 in-place NOI toward approximately $292,000 optimized.

Event center set for a wedding ceremony
400-person capacity · own liquor license
400
Person capacity
Own
Liquor license on site
$40K
Professional PA system
$2,800/mo
Event revenue participation
Proven demand
Documented bookings with ownership revenue participation, and significant income upside for the right operator under an active-operator structure.

With proven demand and documented bookings already in place, the on-site event center supports strong additional upside for an active operator.

Financial Overview

Stabilized today, with a documented path to 8%.

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

In-Place Cap Rate
~6.7%
Up to approx. 8% with venue optimization
Net Operating Income
~$245K
Approx. $292K optimized
Gross Income (potential)
$265,320
Base rent approx. $231,720
Annual Escalations
3 to 5%
On many in-place leases
Income & Operations
In-Place
Notes
Base rental income
$231,720
Diversified long-term tenants
Event venue participation
$33,600
Approx. $2,800 / month, before upside
Total gross income
$265,320
0% vacancy, 100% leased
Operating expenses
Minimal
Tenants pay utilities + insurance; CAM minimal
Net operating income
~$245,000
Approx. 6.7% cap at $3,650,000

With typical 5% lease escalations, projected gross income could exceed $339K within five years and approach $432K within ten years. Full upside analysis and underwriting available to qualified buyers under CA. 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 Up to approx. 8% cap Renovated 2021 to 2023 IRES MLS #1046527
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