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218 Coffman St

Longmont, CO 80501
  • $875,000
  • STATUS: Active
  • ON SITE: 55 Days
  • MLS #: 1006222
UPDATED: 143 min ago
$875,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,792
    SQFT
  • $488
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

This charming brick Victorian House is the longtime home to one of Longmont's favorite restaurants, Tortugas. The owners plan to retire after 30 years of success in the same spot. Very established location in the heart of Longmont, just West of Main Street. The property is in the Longmont development zone and will benefit from the Coffman Street Mobility Improvements that are officially in the pre-construction phase. There is a planned transportation hub a block away, just South of 1st Avenue. This hub will serve BRT, RTD, local bus service as well as the planned rail system. A more notable improvement will bring bike and pedestrian paths from 1st Ave to 9th Ave. This location will benefit greatly from this improved "multi-modal" traffic pattern. It is also located directly across the street from the very busy Longmont Post Office.The open floor plan serves as an 60 seat restaurant. There is also a bar on the second floor. The patio is a huge attraction during the spring, summer, and fall months and will seat an additional 25 guests. There are a lot of possibilities with this fantastic spot. This unique property is an iconic destination in Longmont. Tortugas has been a part of a lot of our personal histories in the Longmont area. It will be a top of mind location for whatever happens next. Tortugas will continue operating while the property is for sale. If you know the owners, take a minute to congratulate them. They are retiring on their terms after many successful years serving the Longmont Community. Please be respectful of their time. Showings will need to be scheduled outside of business hours and you must be accompanied by an agent.

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© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Re/Max Alliance. Data last updated: 2024-05-28T14:42:29.533.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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218 Coffman St Longmont, CO 80501

  • Price: $875,000
  • Status: Active
  • On Site: 55 Days
  • Updated: 143 min ago
  • MLS #: 1006222
0
Beds
2
Baths
0
½ Baths
0.14
Acres
1,792
SQFT
$488
$/SQFT
1910
Built
Neighborhood:
Longmont Old Town
County:
Boulder
Area:
04 Longmont City Limits
Elementary School:
Central
Middle School:
Westview
High School:
Longmont
School District:
ST Vrain Dist RE 1J
Property Description
This charming brick Victorian House is the longtime home to one of Longmont's favorite restaurants, Tortugas. The owners plan to retire after 30 years of success in the same spot. Very established location in the heart of Longmont, just West of Main Street. The property is in the Longmont development zone and will benefit from the Coffman Street Mobility Improvements that are officially in the pre-construction phase. There is a planned transportation hub a block away, just South of 1st Avenue. This hub will serve BRT, RTD, local bus service as well as the planned rail system. A more notable improvement will bring bike and pedestrian paths from 1st Ave to 9th Ave. This location will benefit greatly from this improved "multi-modal" traffic pattern. It is also located directly across the street from the very busy Longmont Post Office.The open floor plan serves as an 60 seat restaurant. There is also a bar on the second floor. The patio is a huge attraction during the spring, summer, and fall months and will seat an additional 25 guests. There are a lot of possibilities with this fantastic spot. This unique property is an iconic destination in Longmont. Tortugas has been a part of a lot of our personal histories in the Longmont area. It will be a top of mind location for whatever happens next. Tortugas will continue operating while the property is for sale. If you know the owners, take a minute to congratulate them. They are retiring on their terms after many successful years serving the Longmont Community. Please be respectful of their time. Showings will need to be scheduled outside of business hours and you must be accompanied by an agent.
Exterior Features

Architectural Style Victorian Construction Materials Wood/FrameBrick/Brick Veneer Direction Faces West Fencing PartialFenced Horse YN No Levels Two Lot Features CurbsGuttersSidewalksLevelWithin City Limits Parking Features Alley Access Patio And Porch Features Patio Road Frontage Type City StreetAlley Road Surface Type PavedAsphalt Roof Composition Spa YN No Waterfront YN No

Interior Features

Basement Crawl Space Cooling Evaporative Cooling Cooling YN Yes Fireplace Features Insert Fireplace YN Yes Heating Forced Air Heating YN Yes Interior Features High Speed InternetOpen Floorplan Living Area Source Assessor Unit1 Bedrooms 0 Unit1 Est Sq Ft 1792 Unit1 Total Baths 2 Window Features Window Coverings

Property Features

Association YN No Cap Rate 3.69 Ditches Active YN No Electric ElectricCity Longmont Exclusions Sellers Personal Property Gas Natural GasXcel Gross Income 51300 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventional1031 Exchange Locale Longmont Net Operating Income 32314 New Construction YN No Operating Expense 18986 Possible Use CommercialCommercial or Industrial Property Condition Not NewPreviously Owned Property Sub Type Income Property Senior Community YN No Sewer City Sewer Special Listing Conditions Partnership Tax Annual Amount 11986 Tax Year 2023 Tenant Pays DepositGasElectricityWaterSewerTaxesInsuranceInterior MaintenanceCommon Area MaintenanceExterior Maintenance Unit1 Rent 4500 Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity of Longmont Zoning MU

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Kevin Duffy of Sellstate ACE Realty: 3035310400.



© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Re/Max Alliance. Data last updated: 2024-05-28T14:42:29.533.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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