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$875,000
Bed
Bath
1,792 SqFt
0.14 Acre Lot
6,248 Sqft Lot
Status Active
Property Type Single Family Residence
Price Type
Year Built 1910
Neighborhood Longmont Old Town
Days on Website 42

Property Map

$875,000 – 218 Coffman Street, Longmont, CO 80501

Street View

Courtesy of Sellstate ACE Realty {attribution_contact}

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.

Property Details and Features

Property Access

  • Road Frontage Type: “Public”
  • Road Surface Type: “Alley Paved”, “Paved”

Basement

  • “Crawl Space”
  • Bedrooms: 0

Building

  • Architectural Style: “Victorian”
  • Construction Materials: “Brick”, “Wood Frame”
  • Direction Faces: West
  • Levels: “Two”
  • Occupant Type: Owner
  • Structure Type: “House”
  • Total Area: 1792
  • Unit Count: 1
  • Built in 1910
  • 1 total unit

Cooling

  • Cooling: “Evaporative Cooling”

Disclosures

  • Attribution Contact: 3035310400
  • Exclusions: Sellers Personal Property

Expenses

  • Operating Expense: $18,986

Exterior Features

  • Patio And Porch Features: “Patio”

Fence

  • Fencing: “Partial”

Fireplaces

  • Fireplace Features: “Insert”

Heating

  • Heating: “Forced Air”

Heating & Cooling

  • Description: Evaporative Cooler

Income

  • Income Includes: “Rent Only”
  • Net Operating Income: $32,314
  • Projected Gross Operating Income: $51,300

Interior Features

  • Features: “Open Floorplan”

Listing

  • Listing Id: RECIR1006222
  • Standard Status: Active
  • Mls Status: Active
  • Listing Contract Date: 2024-04-01
  • Listing Terms: “1031 Exchange”, “Cash”, “Conventional”
  • Original List Price: $875,000

Location

  • County Or Parish: Boulder
  • Subdivision Name: Longmont Old Town

Lot

  • Acres: 0.14
  • Features: “Level”
  • Parcel Number: R0044677
  • Square Feet: 6248

Owner Pays

  • Ownership Type: Partnership

Parking

  • Parking Total: 4

Possession

  • “See Remarks”

Property

  • Possible Use: “Commercial”, “Industrial”
  • Property Sub Type: Single Family Residence
  • Vegetation: “Wooded”
  • Zoning: MU

Roof

  • Roof: “Composition”

Schools

  • Elementary School: Central
  • Elementary School District: St. Vrain Valley RE-1J
  • Middle Or Junior School: Westview
  • High School: Longmont
  • High School District: St. Vrain Valley RE-1J

Sewer

  • Sewer: “Public Sewer”

Taxes

  • Annual Amount: 11986
  • Legal Description: LOTS 18-19 BLK 76 LONGMONT O T
  • Tax Year: 2023

Tenant Pays

  • Tenant Pays: “Electricity”, “Gas”, “Grounds Care”, “Other”, “Water”

Utilities

  • Utilities: “Electricity Available”, “Internet Access (Wired)”, “Natural Gas Available”
  • Water Source: “Public”

Windows

  • Window Features: “Window Coverings”

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