116 S Lincoln, Loveland, CO 80537
116 S Lincoln, Loveland, CO 80537
116 S Lincoln, Loveland, CO 80537
5
See all 5 photos
$595,000
Est. payment /mo
Save
10,018 Sqft Lot
Active

116 S Lincoln Loveland, CO 80537

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
The Blonder Group

The Blonder Group

+1(970) 305-5775

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Ballard Place

MLS Listing ID IRE1046597

HOA Y/N No

Year Built 1950

Annual Tax Amount $6,720

Tax Year 2025

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Retail

Source ires

Property Description

116 S Lincoln Avenue presents a rare opportunity for a food-service owner-user to offset occupancy cost with on-site apartment income. The 0.23 acre lot, located near the southeast corner of E 1st Street and S Lincoln Avenue in Downtown Loveland, includes a three-unit multifamily dwelling. The apartments' rental income directly offsets the owner's debt service and operating costs, allowing a business to secure a turnkey 1,971 SF restaurant building at a competitive net effective rate.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, 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 at the three-compartment sink. Recent capital improvements include a newer roof, parking lot, and drive aisles.

Location

State CO

County Larimer

Community Ballard Place

Area Loveland/Berthoud

Zoning DT

Rooms

Basement None

Interior

Heating Forced Air

Cooling Central Air, Window Unit(s)

Exterior

Utilities Available Natural Gas Available, Electricity Available

View Y/N No

Roof Type Flat

Improvements No

Garage No

Building

Sewer Public Sewer

Water Public

Structure Type Frame,Brick

New Construction false

Schools

Elementary Schools Winona

Middle Schools Bill Reed

High Schools Thompson R2-J

School District Thompson R2-J

Others

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)
Listed by David D'Ambrosio

NEARBY SCHOOL & BUSINESS

The Blonder Group
The Blonder Group

Realtors License ID: FA100080134

+1(970) 305-5775 | homes@theblonders.com

GET MORE INFORMATION

Name
Phone*
Message
By checking this box, and clicking “SUBMIT,” I am confirming that I have read and agree to this website’s Privacy Policy and Terms of Service and I am providing my electronic signature and consent to receive marketing communications (about real estate brokerage services, and one or more properties that I may buy, sell, or rent), that may be delivered to me via email, telephone call and/or text messaging (using “automated technology” such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from eXp Realty® and its independent contractor real estate agents, and/or its affiliates at the telephone number and email address I provided. Message frequency varies and message and data rates may apply. Consent is not a condition of purchase. You may opt-out at any time by replying “STOP” to a text or “HELP” for assistance or unsubscribing via email. You may call to obtain direct assistance.

Go tour this home

116 S Lincoln