1601-1609 N Lincoln Ave - Storefront Retail/Office FOR SALE


Loveland, CO 80538- Downtown Loveland
$2,100,000 USD
970-413-1182
1601-1609 N Lincoln Ave, Loveland, CO for Sale
$2,100,000 USD
Storefront Retail/Office - FOR SALE
1/7
null | 7.92% Cap Rate

1601-1609 N Lincoln Ave
Loveland, CO 80538
Downtown Loveland


HIGHLIGHTS

  • Total Building Size: 12,060 SF across three suites
  • Low historic NNN expenses, currently at $6.90/RSF
  • 5,280 RSF end-cap unit available at $14.00/sf NNN
  • 2,904 RSF in-line space also available at $15.00/sf NNN (30 day notice)
  • Lot Size: 1.05 Acres (3 parcels), with abundant parking on the north and south sides
  • Construction: Stucco and stone storefront with large windows and overhead doors on the north side, ideal for showroom retailers

OVERVIEW

LC Real Estate Group is pleased to offer for sale this rare owner-user retail investment opportunity in the heart of Loveland, Colorado. This recently updated well-maintained, 12,060 square foot multi-tenant property spans 1.05 acres across three contiguous parcels and is offered at $2,100,000 ($174/SF). Located along one of Loveland’s highest-traffic corridors, this asset combines stable in-place income with significant long-term upside potential for both investors and owner-users with the availability of 2,904 - 8,184 RSF of retail space fronting Lincoln Avenue and between Cleveland Avenue with combined 24,500 VPD traffic counts.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$174 USD /SF

CAP RATE

7.92%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

B

APN/PARCEL ID

95123-00-010

ASK ABOUT THIS PROPERTY

Rico DevlinLC Real Estate GroupMore Info
970-413-1182

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Rico DevlinLC Real Estate GroupMore Info
970-413-1182

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.