The 156-year-old building at 321 Main St. in downtown Longmont has sold for $1.825 million, and the space that once served doughnuts is about to start pouring coffee instead. The building had housed Landline Doughnuts until the shop closed its doors in August.
According to BizWest, the property will become home to the second location of a Boulder-based specialty coffee shop, though the business has not been named and no opening timeline has been disclosed. The outlet reported that sellers John and Jodi Mowery posed with buyer Annette Smith outside the building following the sale.
A Downtown Fixture Changes Hands Again
Landline Doughnuts had set Aug. 25 as its last day serving customers at the location, according to the Times-Call. That closure cleared the way for the latest chapter in the building's long history at the corner of downtown Longmont.
The structure holds a notable place in the city's past. It is known as the Emerson and Buckingham Bank building, and per the Longmont Leader, it was the city's first brick structure, opening for business as a bank in 1875. The building spans 4,851 square feet across two floors.
From $389,000 to Nearly $2 Million
The building's price tag has climbed sharply over the past decade or so. The Longmont Leader's report notes that Jon and Peg Schallert bought the property in 2014 for $389,000, and it was later listed for sale at $1.2 million before this latest sale pushed the price to $1.825 million.
With Landline Doughnuts gone and a coffee shop on the way, downtown Longmont's oldest brick landmark is set for another new use — even as the identity of its next tenant and the timing of its opening remain unknown for now.
