Loveland, CO 80537 116 S Lincoln Ave
$850,000
8 more
Presented By: Keller Williams-Preferred Rlty; 9708897688
Home Details
This 1971 sq ft commercial building is in a prime location near the corner of 287 and 1st St. It was used as a restaurant (Three Amigos Cantina) - which is also available for purchase) and comes 1612 sq ft income generating quadplex on the backside of the property. The restaurant was also generating income by renting the kitchen as a "ghost kitchen." The building does have some trade equipment that can/will stay if desired. 3 units currently rented out in the quadplex for $800,$650,$1065 and the 4th unit is being used as storage. There is a new roof as of 2024. The property is Zoned BE.
Presented By: Keller Williams-Preferred Rlty; 9708897688
Interior Features for 116 S Lincoln Ave
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
BasementNone
Fireplace Y/NNo
FlooringCeramic Tile
Heating Y/NYes
Interior AmenitiesFloor: Drains
General for 116 S Lincoln Ave
Attached Garage No
Business TypeUnincorporated Area, Retail
Cap Rate-0.1
CityLoveland
Construction MaterialsWood/Frame, Brick/Brick Veneer, Wood Siding, Concrete
CoolingRefrigeration/HVAC
CountyLarimer
ElectricElectric
Elementary SchoolWinona
Garage Y/NNo
Gas Y/NNatural Gas
Gross Income4000
HOANo
HeatingForced Air
High SchoolMountain View
High School DistrictThompson R2-J
Land Lease Y/NNo
Living Area UnitsSquare Feet
Lot Size Square Feet9900
Lot Size UnitsSquare Feet
MLS AreaLoveland/Berthoud
Middle/Junior High SchoolBill Reed
Net Operating Income-863
New ConstructionNo
Operating Expense4863
Possible UseCommercial, Commercial or Industrial
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeSale: Commercial/Industrial
Property TypeCommercial Sale
RoofComposition
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive
Subdivision NameBallard Place
Tax Annual Amount4863
Tax Year2024
Tenant PaysDeposit
UtilitiesNatural Gas Available, Electricity Available
Year Built2012
ZoningBE
Exterior for 116 S Lincoln Ave
Building Area Total3583
Horse Y/NNo
Lot FeaturesCurbs, Sidewalks
Lot Size Acres0.23
Lot Size Area9900
Parking FeaturesPaved
Road Frontage TypeCity Street
Road Surface TypePaved, Concrete
SpaNo
Water SourceCity Water, City of Loveland
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Winona Elementary School
High School
Mountain View High School
Middle School
Bill Reed Middle School
