Location, location, location!!! Great commercial space in an absolute ideal location. Any retailer or office looking for a commercial space wants a highly visible property in a high traffic area. This property fits the bill! Located just one block north of Eisenhower Blvd off of North Lincoln Ave this intersection has one of the best traffic counts in Northern Colorado, which has helped the Dairy Queen located at the intersection of Eisenhower Blvd and Lincoln Ave become the top selling DQ in the US. The property is divided into 4 separate units, which are all currently leased (plus bonus storage space in the unfinished basement). Continue business as usual or get creative to make this property fit your needs. Front portion of this property was remodeled in 2021 and half of the back portion was remodeled in Nov of 2023. An EV charging station was added in 2023 which adds additional income to this property. New roof was installed in 2019. Ideal location, unmatched visibility, easy access off busy N Lincoln Ave just one block north of Eisenhower Blvd, great parking, building has been beautifully maintained, EV charger included for additional profit/use, Safe to say, you have just found your new commercial space!
Presented By: Black Feather Realty; 9703245147
Interior Features for 1505 N Lincoln Ave
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
BasementPartial
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesSatellite Avail, High Speed Internet
General for 1505 N Lincoln Ave
AccessibilityLevel Lot, Level Drive, Near Bus, Accessible Hallway(s)
Attached Garage No
Building FeaturesStorage on Site
Business TypeIncorporated Area, Professional/Office, Retail-Showroom, Retail-Downtown, Mini-warehouse, Other Commerical
Cap Rate5.45
CityLoveland
Construction MaterialsStucco
CoolingRefrigeration/HVAC
CountyLarimer
ElectricElectric
Elementary SchoolMonroe
ExclusionsSellers/Tenants personal property
Garage Y/NNo
Gas Y/NNatural Gas
Gross Income112600
HOANo
HeatingForced Air
High SchoolMountain View
High School DistrictThompson R2-J
Land Lease Y/NNo
Living Area UnitsSquare Feet
Lot Size Square Feet17500
Lot Size UnitsSquare Feet
MLS AreaLoveland/Berthoud
Net Operating Income81781
New ConstructionNo
Operating Expense30819
Possible UseCommercial, Commercial or Industrial
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeSale: Commercial/Industrial
Property TypeCommercial Sale
RoofRubber
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive
Subdivision NameCapitol Hill Add
Tax Annual Amount23217
Tax Year2024
Tenant PaysGas, Electricity
UtilitiesNatural Gas Available, Electricity Available, Cable Available
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