116 S Lincoln Avenue, Loveland, CO 80537
- $640,000
Courtesy of Colorado Commercial, Ltd . 9709883872
- List Price
- $640,000
- Type
- Multifamily
- Status
- ACTIVE
- MLS Number
- IR1046597
- Total Sqft
- 3583
- Subdivision
- Ballard Place
- Sub-Area
- Ballard Place
- Year Built
- 1950
Property Description
116 S Lincoln Avenue is a fully leased, 4-unit mixed-use property consisting of a 1,917 SF restaurant building and a three-unit multi-family dwelling situated on a 0.23 acre lot located near the southeast corner of E 1st Street and S Lincoln Avenue in Downtown, Loveland, Colorado. The property sits in close proximity to new and exciting development in Downtown Loveland, including The Foundry Plaza - a mixed-use development spanning three blocks consisting of apartments, restaurants, a salon, hotel, dine-in movie theater, and a central plaza for community entertainment.The flexible DT - Downtown zoning offers a myriad of potential uses including retail, office, residential, and general commercial. The restaurant building features a type II hood, walk-in cooler, three-compartment sink, and a small grease trap. Recent capital improvements include a new roof, and a new parking lot and drive aisles.
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Additional Information
- School District
- Thompson R2-J
- Elementary School
- Winona
- Middle School
- Other
- High School
- Mountain View
- Basement
- None
- Lot Size
- 9,900
- Acres
- 0.23
- Taxes
- $4,863
- Tax Year
- 2024
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