Offered at $1,300,000, 5110 Granite Street presents a rare opportunity to acquire a stabilized multi-tenant office investment in the heart of North Loveland’s commercial corridor. This 7,880-square-foot building sits on 0.87 acres and features four suites, three of which are leased to established tenants under NNN terms. The remaining 1,917 SF suite is fully renovated and ideal for an owner-user seeking to occupy while benefiting from in-place income.
Constructed in 1996 and recently updated, the building showcases timeless block construction with wood accents, large windows, and modern interiors. Capital improvements include a hail-resistant roof (2019), full HVAC replacement (2017), and new water heaters (2020). Suite D includes an attached garage and basement, offering future expansion potential.
Strategically located just off US Highway 287 (N. Garfield Ave), the property enjoys 29,800 VPD and direct access to Downtown Loveland (5 minutes) and South Fort Collins (10 minutes). The surrounding area is rich with national retailers, restaurants, and parks, supporting tenant satisfaction and long-term demand. With historically low vacancy rates and a pro forma cap rate of 8.0%, this asset offers both immediate cash flow and upside through lease-up and rent escalations.