Economy & Economic Development  November 25, 2015

Oskar Blues founder buys downtown Longmont building

LONGMONT – Oskar Blues Brewery founder Dale Katechis has purchased a roughly 6,800-square-foot building in the core of downtown Longmont. But at least for now, he said there are no plans for a restaurant or other new concept from the craft brewery whose empire has spread to food, bikes, coffee and farming.

Through the entity Red Clay LLC, Katechis paid $575,000 for 372 Main St., currently home to Instant Imprints, a franchise operation that provides screen printing, embroidery, signs, banners and other promotional products and services. The sellers were a pair of local investment groups, Cohen Longmont Investment LLC and LP1 LLC.

Michael-Ryan McCarty and Gregory Glass of Gibbons-White Inc. represented the seller in the transaction, while Chum Tran of Coldwell Banker represented the buyer.

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“No plans for that building yet,” Katechis said in an email. “Just believe in Longmont and want to continue to invest in this community.”

The building, on the east side of Main Street, includes about 4,750 square feet of space on the first and second floors. That’s in addition to a roughly 2,000-square-foot unfinished basement.

Instant Imprints has had a presence in Longmont for 10 years, and has been at 372 Main since mid-2012. Franchise owner Forrest Fleming said he has no imminent plans to move his business.

“We have a good relationship with the new owners … And we’re just planning on moving forward,” Fleming said.

Oskar Blues’ Longmont presence already includes its headquarters, brewery, Tasty Weasel taproom and Hotbox Roasters coffee roasting operation at 1800 Pike Road; Homemade Liquids and Solids restaurant at 1555 S. Hover Road; Chuburger restaurant at 1225 Ken Pratt Blvd.; and Cyclhops Mexican Bike Cantina at 600 S. Airport Road. But the brewery has yet to put its stamp on downtown, which is beginning to see a wave of redevelopment that includes the former Butterball turkey plant site at First and Main.

Michael-Ryan McCarty and Gregory Glass of Gibbons-White Inc. represented the seller in the transaction, while Chum Tran of Coldwell Banker represented the buyer.

LONGMONT – Oskar Blues Brewery founder Dale Katechis has purchased a roughly 6,800-square-foot building in the core of downtown Longmont. But at least for now, he said there are no plans for a restaurant or other new concept from the craft brewery whose empire has spread to food, bikes, coffee and farming.

Through the entity Red Clay LLC, Katechis paid $575,000 for 372 Main St., currently home to Instant Imprints, a franchise operation that provides screen printing, embroidery, signs, banners and other promotional products and services. The sellers were a pair of local investment groups, Cohen Longmont Investment LLC and LP1…

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