218 Coffman Street Longmont, CO ^$ 875,000

218 Coffman Street

^$ 875,000

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New Construction

218 Coffman Street

Longmont, CO, 80501

^$ 875,000

Studio Baths0.0 Sq 1,792

Monthly Estimate*

^$ 5,240

Listed by Sellstate ACE Realty

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Studio

Single Family Home for sale in Longmont, CO

for $875,000. This 1,792 square foot home was built in 1910 on a lot size of 0.14.

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.

Single Family Pending

Price

^$ 875,000

Bedrooms

Studio

Property Type

Single Family

Taxes

^$ 11,986

Style

Victorian

Lot Size

0.14

Year Built

1910

Town/City

Longmont

County/Region

Boulder

MLS | Web ID

IR1006222

Features

General

Interior Features Open Floorplan

Sewer Public Sewer

Heating Forced Air

Cooling Evaporative Cooling

Utilities Electricity Available Internet Access (Wired) Natural Gas Available

Possession See Remarks

Roof Composition

Zoning MU

Patio/Porch Features Patio

Architectural Style Victorian

Construction Materials Brick Wood Frame

Exclusions Sellers Personal Property

Year Built 1910

Tenant Pays Electricity Gas Grounds Care Other Water

Levels Two

Property SubType Single Family Residence

Tax Year 2023

County Boulder

Net Operating Income 32314

Operating Expense 18986

Property Type Residential

Home Owner Assoc N

Subdivision Name Longmont Old Town

Facing Direction West

Possible Use Commercial Industrial

Status Pending

Directions From 119 Head North on Main Street. Turn Left onto 1st Ave and Right onto Coffman. The house is right across the street from the Longmont Post Office.

High School Longmont

City Longmont

High School District St. Vrain Valley RE-1J

NumberOfUnitsTotal 1

Lot Size Square Feet 6248

Terms 1031 Exchange Cash Conventional

Elementary School Central

Tax Annual Amount 11986

Middle/Junior High School Westview

Virtual Tour https://youriguide.com/218_coffman_st_longmont_co

Structure Type House

Standard Status Active Under Contract

Occupancy Type Owner

Elementary School District St. Vrain Valley RE-1J

Ownership Type Partnership

Cap Rate 3.69

Interior

Basement Crawl Space

Fireplace Features Insert

Basement (Y/N) N

Window Features Window Coverings

Main Level Bedrooms 0

Exterior

Vegetation Wooded

Fencing Partial

Lot Features Level

Water Source Public

Total Parking 4

Building Area Total 1792

Lot Size Acres 0.14

Road Surface Type Alley Paved Paved

Road Frontage Type Public

Internal Only

Street Number 1 218

* Excluded Features

List By

Sellstate Ace Realty

Broker

(303) 931-8586

Phone

Affordability Calculator

$6,239

Per Month

Monthly Principal & Interest: $5,240
Monthly Property Taxes: $999
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Longmont, CO

Average List Price ^$921,276

Percent of Sale Price 5%

About Longmont, CO

95,205 Population

31% Since 2002

^$64,602 Median Income

39.12 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1639117 Elementary School

910918 Middle School

Longmont High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/3/2024	$875,000		Listed Price

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218 Coffman Street, Longmont, CO, 80501 is a Single Family Home for sale at $875,000 with 1,792 sqft and a lot size of 0.14. 218 Coffman Street is a studio with 0.0 baths and was built in 1910. The property's zip code is 80501 which is in Longmont, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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The information being provided is 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.

Data is updated as of 9/22/2024.

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218 Coffman Street

Single Family Home for sale in Longmont, CO

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